Maui’s Mayor Bissen would accept any vacation rentals for long-term housing - Honolulu Star-Advertiser

6 days agoMaui, HIScore: 85
Regulations & Compliance
Local News
Local Regulations
Mid-Term Rental
Market Research
Occupancy

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: low
    Impact: medium

Watch Out For

  • Failure to adapt to changing market conditions could lead to decreased occupancy and rental income.