U.S., Jan. 25 -- In December 2019, the total monthly supply of Hawaii statewide vacation rentals was 856,800 unit nights and monthly demand was 645,600 unit nights, resulting in an average monthly unit occupancy of 75.3 percent.

In comparison, Hawaii's hotels were 80.2 percent occupied in December 2019. It is important to note that unlike hotels, condominium hotels, and timeshare resorts, vacation rental units are not necessarily available year-round or each day of the month. The unit average daily rate (ADR) for vacation rental units statewide in December was $234, lower than the ADR for hotels ($352).

Hawaii Tourism Authority 's Tourism Research Division issued the report's findings utilizing data compiled by Transparent Intelligence,...