42 Vacation Property Managers in Lahaina, HI, USA

About the Lahaina Short-Term Rental Market

Lahaina, located on the western coast of Maui, Hawaii, has long been a popular destination for travelers seeking sun, sand, and the aloha spirit. As the vacation rental market has grown in recent years, Lahaina has emerged as a prime location for short-term rentals, offering visitors a wide range of accommodations and amenities.

The Lahaina short-term rental market has seen significant growth in recent years, driven by the increasing popularity of platforms like Airbnb and VRBO. According to industry data, the number of vacation rental units in Lahaina has increased by over 20% in the past 3 years, with more and more property owners recognizing the potential for generating rental income from their Maui properties.

Performance Benchmarks for Lahaina Vacation Rental Managers

The Lahaina vacation rental market has also seen strong performance in recent years. Data from leading vacation rental platforms shows that Lahaina properties have consistently outperformed the broader Maui market in terms of occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR).

On Airbnb, Lahaina properties have achieved average occupancy rates of over 75% over the past 12 months, with an average ADR of $350 per night. This has translated to an average RevPAR of $262, significantly higher than the Maui average. Similarly, on VRBO, Lahaina properties have seen average occupancy rates of 68% and an average ADR of $425, resulting in a RevPAR of $289.

These strong performance metrics highlight the appeal of Lahaina as a vacation rental destination and the potential for property owners to generate substantial rental income. (For more detailed market overview data, please refer to the Market Overview section.)

How Competitive is the Lahaina Property Management Market?

The Lahaina vacation rental market is highly competitive, with a large number of property management companies vying for a share of the market. According to industry estimates, there are over 50 vacation rental management companies operating in the Lahaina area, ranging from large, well-established firms to smaller, boutique operators.

The top property management companies in Lahaina have built strong reputations for their expertise in marketing, operations, and guest services. These companies leverage their deep knowledge of the local market, extensive distribution networks, and advanced technology platforms to maximize the performance of their clients' properties.

Key Players in the Lahaina Rental Market

Some of the leading vacation rental management companies in Lahaina include:

• Maui Paradise Properties: A locally-owned and operated firm with over 40 years of experience in Maui property management. MPP manages a portfolio of over 320 vacation rental properties across Lahaina and other West Maui areas.
• My Perfect Stays: A full-service vacation rental management company that specializes in Maui properties. My Perfect Stays offers a range of services, including marketing, guest services, and property maintenance.
• Maui Resorts by Sullivan Properties: A well-established property management company that has been serving Maui property owners for over 40 years. Sullivan Properties manages a diverse portfolio of vacation rentals in Lahaina and other West Maui locations.
• Maui Beachfront Rentals: A boutique property management firm that focuses on high-end vacation rentals in Lahaina and other prime Maui locations. Maui Beachfront Rentals is known for its personalized service and attention to detail.
• Lahaina Luxury Rentals: A specialized vacation rental management company that caters to the luxury market in Lahaina. Lahaina Luxury Rentals offers a curated selection of premium properties and concierge-level services.

These are just a few of the many property management companies operating in the Lahaina vacation rental market. With such a competitive landscape, property owners in Lahaina have a wide range of options when it comes to selecting a management partner to maximize the performance of their rental properties.