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Oahu’s economy has benefitted from recent increases in airlift to the island Oahu’s economy has benefitted from recent increases in airlift to the island

Study: Alternative Accommodations Critical to Oahu Economy

A new study commissioned by The Travel Technology Association (Travel Tech) and conducted by economic consulting firm Kloninger & Sims, finds that severe restrictions on Oahu’s alternative accommodations would have a devastating impact to the local economy.

Oahu is a US island in the Central Pacific, and part of the Hawaiian island chain.

According to the Kloninger study, carried out in conjunction with both Expedia and Airbnb, 60 percent of Oahu’s alternative accommodations are located outside of resort-zoned areas.

Without alternative accommodations outside of resort zoning, Oahu would stand to lose the following on an annual basis: USD336 million in household income, 7,000 jobs and USD1.2 billion in economic activity, the study found.

In addition to alternative accommodation hosts and guests visiting Oahu, small businesses throughout on the island would feel the hit, the report shows.