Kailua Kona, Hawaii Short-Term Rental Market Overview
Visitor Profile
Kailua Kona, located on the Big Island of Hawaii, attracts approximately 2 million visitors annually, making it a significant player in Hawaii’s tourism landscape. The primary demographic of visitors includes families, couples, and adventure-seekers, with a notable percentage aged between 25 and 54 years. Most travelers cite leisure as their main purpose, often seeking sun-soaked beaches, cultural experiences, and outdoor activities such as snorkeling and hiking. The economic impact of tourism in Kailua Kona is substantial, contributing millions to the local economy through spending on accommodations, dining, and attractions. According to the tourism bureau, the area is a vital contributor to Hawaii’s overall tourism revenue.
In terms of visitor statistics, Kailua Kona sees a diverse range of tourists, with about 60% coming from the U.S. mainland, particularly California and Washington. International visitors, primarily from Japan and Canada, make up about 20% of the total. The average length of stay for visitors is approximately 7 days, with peak seasons occurring during summer months and winter holidays, when occupancy rates in local hotels can reach over 80%. Visitors are drawn not only by the natural beauty but also by the rich cultural heritage, as many engage in local festivals and events. The Ultimate Travel Guide to Kailua Kona highlights various attractions that cater to these interests (https://www.hawaiiactivities.com/travelguide/kailua-kona/). As the tourism market continues to evolve, understanding Kailua Kona visitor demographics and travel patterns remains crucial for STR operators and local businesses aiming to enhance their offerings and capitalize on this vibrant market. For more insights, visit the Hawaii Tourism Office (https://www.go-hawaii.org/Tourism-Information/).
Top Attractions
Kailua Kona, located on the western coast of Hawaii’s Big Island, is a captivating destination that offers a blend of stunning natural beauty, rich cultural heritage, and a plethora of activities for visitors of all ages. Known for its warm climate and picturesque beaches, Kailua Kona is home to signature attractions such as the historic Hulihe’e Palace and the breathtaking Kailua Pier. Whether you’re seeking adventure, relaxation, or a taste of local culture, Kailua Kona attractions provide a diverse range of experiences that will leave you enchanted. From exploring ancient Hawaiian sites to indulging in water sports, there’s something for everyone in this tropical paradise.
One of the must-visit attractions is the Hulihe’e Palace, a former royal vacation home that showcases Hawaiian artifacts and history. Visitors can explore the beautifully preserved grounds and learn about the island’s royal past. For more information, visit the official site at https://www.hawaiiactivities.com/travelguide/kailua-kona/. Another highlight is the Kailua Pier, a vibrant hub for water activities such as snorkeling, kayaking, and whale watching. The pier is also a great spot for sunset views and local events. Families will enjoy the Kona Oceanfront Beach Park, where children can play in the sand while adults relax under palm trees. For a deeper dive into local culture, the Kona Historical Society offers insights into the region’s heritage through its various programs and exhibits. Explore more about things to do in Kailua Kona at https://globalmunchkins.com/destinations/travel-within-the-states/hawaii/things-to-do-in-kona-hawaii/. Lastly, the Hawaii Big Island visitor center provides valuable resources for planning your trip, ensuring you make the most of your time in this enchanting locale. Discover the beauty and charm of Kailua Kona and create unforgettable memories.
Regulations
Kailua Kona, located on the Big Island of Hawaii, has specific regulations governing short-term rentals that property owners must navigate to operate legally. These regulations are designed to balance tourism with community needs, ensuring that short-term rentals contribute positively to the local economy. Property owners are required to obtain a Short-Term Vacation Rental (STVR) permit, which involves submitting an application to the County of Hawaii. Additionally, owners must comply with tax obligations, including the Transient Accommodations Tax (TAT) of 10.25% and the General Excise Tax (GET) of 4%, which must be collected from guests and remitted to the state. Understanding these key regulations is crucial for anyone looking to operate a short-term rental in Kailua Kona.
To operate a short-term rental in Kailua Kona, property owners must first secure a STVR permit, as outlined in Ordinance 18-155. This permit requires compliance with zoning restrictions, which dictate where short-term rentals can be located. Safety requirements also apply, including smoke detectors and fire extinguishers, ensuring guest safety. Property owners must also adhere to noise ordinances and parking regulations to maintain neighborhood harmony. Failure to comply with these regulations can result in penalties, including fines that can reach up to $10,000 for serious violations. For more detailed information on short-term rental regulations in Kailua Kona, visit the official County of Hawaii website (https://www.hawaiicounty.gov). Additionally, the Hawaii Department of Taxation provides resources on tax obligations for short-term rentals (https://tax.hawaii.gov).
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Vacation Rental Market Overview for Kailua Kona
Kailua Kona attracts visitors with its cultural attractions and historic sites and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.
This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.
Kailua Kona, Hawaii Market Performance Trends
Short-Term Rental Market Performance Analysis for Kailua Kona
The short-term rental market in Kailua Kona demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.
Market Trend Summary
Current market indicators show: emerging growth market with increasing demand
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Kailua Kona, Hawaii Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$898,042
- Median Sale Price:$863,333
- Median List Price:$893,633
Current Inventory
- Homes For Sale:365
- New Listings:63
Detailed Market Analysis
Real Estate Market Analysis for Kailua Kona, Hawaii
The residential real estate market in Kailua Kona, Hawaii presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.
Real estate investments in Kailua Kona, Hawaii benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Kailua Kona, Hawaii Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:63.9% Booked
- 4-6 Months:59.6% Booked
- 7-9 Months:46.2% Booked
- 10-12 Months:20.2% Booked
Cancellation Policies
- Flexible:0%
- Moderate:0%
- Strict:0%
- Super Strict:0%
Minimum Stay
- 1 Day:0
- 2 Days:0
- 3 Days:0
- 4-6 Days:0
- 7-29 Days:0
- 30+ Days:0
Short-Term Rental Regulations and Booking Patterns in Kailua Kona
Kailua Kona vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.
Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.
Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.
Kailua Kona, Hawaii Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Kailua Kona
The vacation rental market in Kailua Kona features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.
Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.
Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.