Maui’s Mayor Bissen would accept any vacation rentals for long-term housing - Honolulu Star-Advertiser
6 days agoMaui, HIScore: 85
Summary
Maui's Mayor is open to converting vacation rentals into long-term housing. This could impact your occupancy rates and long-term rental income. Hosts should consider potential shifts in the local market.
Key Insights
- •Maui's Mayor is open to allowing vacation rentals to be used for long-term housing.
Action Items
- ✓Hosts should monitor occupancy rates and evaluate potential shifts in demand. They might also consider mid-term rentals.Effort: lowImpact: medium
Watch Out For
- ⚠Failure to adapt to changing market conditions could lead to decreased occupancy and rental income.