Honokowai Hawaii Vacation Rental Report

Rent Your Vacation Home or Condo in Honokowai, Hawaii

The hospitality industry is experiencing growth and demand for vacation rentals. People are choosing to rent out their homes for a variety of reasons, including cost, location, and lifestyle. Short-term rental properties offer great ways to make extra money by renting out your home while you’re away. Positive trends include: There are many ways to earn money renting out your Honokowai home as a short-term rental. You could start with Airbnb if you already own a home in the area and want to share it with travelers. Or you could rent out an entire unit if you don’t own the property. There are also short-term rental companies that allow you to list your property on their website. Vacation rentals can benefit both owners and renters. Renters get an affordable place to stay while owners see extra income from renting out their homes while they’re away.

When partnering with RedAwning for your property management needs, we can make sure your Honokowai rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Honokowai

During the month of November, Lahaina, for example, is projected to generate over $425/night for a 2 bedroom vacation rental, on average! There were 5,667 vacation active rental properties in Honokowai. 5,516 are renting the entire place, and 151 are shared rooms. On average, during the month of November 2023, each vacation rental property in Lahaina is booked 71% of the time, and most hosts are projected to generate $5,561 or more during the month of November! Is your home in Honokowai and areas including , Napili/Honokowai, or another neighborhood in Honokowai, Hawaii? See how much you could earn with your Honokowai vacation rental.

Papakea A403 Starting at $435 to $463 per night!

Location!! Location!! Everything is here waiting for you to enjoy oceanfront resort living in this 2-bedroom direct oceanfront condo with a loft offering comfortable accommodations for 6 guests. This upgraded condo is on the top floor (4th) of the building and has 2 bedrooms + loft as the third bedroom, and 2 full baths. A split unit air-conditioner is situated the living room that also covers the loft area. This oceanfront unit is a stone's throw from the seawall and ocean. You'll... Read More

This Honokowai vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Honokowai.

Successful short-term vacation rentals in Honokowai, Hawaii

Positive vacation rental trends in Honokowai, Hawaii when it comes to short-term rental when you consider renting out your Honokowai home as a short-term rental. One of the best things about short-term rentals is that they can help people make some extra money on their vacation. Whether you rent out your home while you are away or share it with other short-term rental hosts, there are plenty of ways to make money by renting out your Honokowai home. There are a few different ways to make money by renting out your Honokowai home on Airbnb. One of the easiest ways is to list your space as an entire apartment complex and then set the price per night based on what similar homes in the area are going for. Even if you only have one or two bedrooms available, there’s always someone looking for a place to stay. Another option is to choose a home with a private room and then charge a little more per night than you normally would. This can work well if you have multiple bedrooms and want to fill them all at once, but it may not be feasible if you only have one or two rooms available at any given time.

Positive vacation rental trends in Honokowai, Hawaii can be a great way to earn some extra cash. While it might take some extra time to get your property ready for guests, there are many advantages to renting out your home when you're not using it. Not only can you make some extra money while you're away, but you'll also avoid the hassle of maintenance and cleaning. You'll also have peace of mind knowing that your property is being well cared for by renters who know how to treat a house like their own home. Another benefit of renting out your home is that you can meet new people and make some new friends. All it takes is a little preparation and the right location.

RedAwning takes the guess-work out of Honokowai property management, and we work with you to ensure your Honokowai short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

Revenue Projections for Vacation Rentals in Lahaina/Honokowai, Hawaii during December, 2023

Based on a 2 bedroom, which is the most common Honokowai vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Honokowai vacation rental is available during these days.

$66779%1st

$82579%2nd

$66379%3rd

$64979%4th

$64579%5th

$64279%6th

$63079%7th

$65379%8th

$69977%9th

$69577%10th

$69376%11th

$69076%12th

$70275%13th

$70775%14th

$75276%15th

$79676%16th

$81877%17th

$83177%18th

$83577%19th

$87978%20th

$90580%21st

$1,03781%22nd

$1,07581%23rd

$1,10682%24th

$1,13883%25th

$1,17884%26th

$1,20385%27th

$1,20386%28th

$1,17985%29th

$1,17285%30th

$1,13582%31st

Average Daily Price & Percent Occupied Next Month In Honokowai

Note: These averages are based on a 2 bedroom home in Lahaina. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.