HawaiiGaga.com Publishes Vacation Rental Statistics
Occupancy rates, visitor demographic data and average accommodation prices for Hawaii's vacation rental industry.
Victoria, B.C. (PRWEB) April 2, 2009 -- HawaiiGaga.com, the search engine for Hawaii vacation rentals, today released vacation rental statistics based on data from the 5600 vacation rentals the search engine indexes. Statistics include occupancy rates, visitor demographic data, and average rental prices.
Demographic data shows that the vacation rental industry has not penetrated the Japanese market, with Japanese tourists accounting for less than 1% of rental vacationers. Conversely, Canadians show a strong preference for rentals, accounting for 9% of rental visitors and spending an average of $2600 on accommodations. 43% of rental visitors come from the west coast states - California, Washington and Oregon.
The average occupancy rate for Hawaii's vacation rentals was 59% for the period from August 24, 2008 to Mar 28, 2009. Maui had the best occupancy rate at 64% while the Big Island had the worst at 51%. Demand for rentals was highest during February, with an overall occupancy rate of 80%.
Statistics can be found at http://www.hawaiigaga.com/hawaii-vacation-rental-statistics.aspx
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