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Momorandum of Understanding on Short Term Rental

Source: from Airbnb

Last week Airbnb and Honolulu Mayor Kirk Caldwell announced the signing of a Memorandum of Understanding (MOU) to help the City and County of Honolulu enforce its short-term rental rules. The agreement will facilitate compliance and allow hosts with compliant listings to continue supporting the City’s local visitor industry. Expedia signed a similar agreement.

Under the agreement, by late February Airbnb will create two new fields on each listing. One for the City-issued Tax Map Key (TMK) number and another for the Transient Accommodations Tax License Number (TAT) issued by the State of Hawai‘i. Hosts listing a bed and breakfast (B&B) or transient vacation unit (TVU) on Airbnb will be required to provide this information in order to continue hosting on Airbnb. Hotels, motels, and long-term stays (30 consecutive days or longer) are exempt from providing this information.

As part of the agreement, Airbnb will also share a monthly report with the City that includes the URL for each short-term rental listing and the corresponding host-provided TMK number and TAT number for each property listed on our platform. The City will use this monthly report to verify the TMK numbers for short-term rental listings. Hosts that fail to provide a TMK or input an invalid TMK will be blocked for short-term rental use and only allowed to re-list for short-term rental use once they provide the information.

To help educate hosts about the CIty’s short-term rental regulations, Airbnb will display a link to the County’s licensing and information webpage in close proximity to the mandatory field as part of the Host onboarding process.




Atlantis at Ko Olina Resort

In September 2016, China Oceanwide Holdings bought the Atlantis site- 3 parcels totaled $232.5 million. As of today, no sign of construction due to the construction cost- Honolulu has the third-highes



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