Sunday, June 23, 2024
Hawai'i Free Press

Current Articles | Archives

Thursday, July 26, 2018
Report: Illegal TVRs Create 7,000 Jobs on Oahu
By News Release @ 11:49 PM :: 4693 Views :: Small Business, Tourism


From TravelTech, July 23, 2018 (excerpt) 


In 1989, the City & County of Honolulu stopped issuing permits, or Non-Conforming Use Certificates (“NUCs”), for short-term rentals located outside of resort-zoned areas. At that time, there were 2,376 NUCs on O‘ahu. Over the ensuing 29 years, Alternative Accommodations have become a popular and attractive accommodation type for travelers around the world and in Hawai‘i. However, many of those NUCs have lapsed over this same period and today there are only 659.

To gain an understanding of the potential economic impact of such regulation, TravelTech has asked K&S to estimate the 2017 economic impact of Alternative Accommodations on the Island of O‘ahu, including those that are located outside of resort-zoned areas and lack an NUC. TravelTech and its booking platform members are interested in understanding the potential economic impact of new regulation on Alternative Accommodations on O‘ahu. Two of the booking platforms, Airbnb and HomeAway, provided data on their O‘ahu operations to K&S. In addition to data on the number of active listings on O‘ahu, they provided internal data on important metrics such as average party size and average length of stay.

Executive Summary

Alternative Accommodations on O‘ahu are a key component of O‘ahu’s tourism infrastructure, used by about one of every seven visitors to O‘ahu in 2017. O‘ahu visitors using Alternative Accommodations spent more than $1.1 billion in 2017. When economic multipliers are applied, this $1.1 billion in direct visitor spending results in the following economic impacts:

• $2.0 billion in total spending,

• $564 million in total household income,

• $129 million in state taxes,

• 12,000 total jobs.

K&S estimated that about 60% of O‘ahu’s Alternative Accommodations lack an NUC and are located outside of areas zoned for short-term rental. An estimated $659 million in direct visitor spending would therefore be put at risk if these Alternative Accommodations were eliminated. When economic multipliers are applied, the following economic impact would be at risk if 60% of O‘ahu’s Alternative Accommodation inventory were eliminated:

•$1.2 billion in total spending,

• $336 million in total household income,

• $77 million in state taxes,

• 7,000 total jobs.

A drastic reduction in the supply of Alternative Accommodations on O‘ahu would therefore have a substantial negative impact on visitor spending on O‘ahu, as well as household income, state taxes, employment and air lift.


PBN: New report says Airbnb, HomeAway users spent $1.1 billion on Oahu in 2017


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii