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Economic Impact of Transient Vacation Rentals (TVRs) on Maui County, Hawaii
Dr. Prahlad Kasturi, Dr. Thomas Loudat
Volume 14 Issue 1
Global Journal of Management and Business
Volume 14 Issue 1
Global Journal of Management and Business
Following a national trend, home-based businesses grew in Maui County during the 1990s. Some Maui County residents engaged in the vacation rentals business in order to serve the tourism industry. They did this by renting their homes or part of their homes as transient vacation rentals (TVRs). According to a former Mayor, the Maui County Council in the early nineties focused on growing the home-based vacation rental segment of tourism. This was then seen as part of an expanding worldwide trend. The public then clearly and enthusiastically supported incorporating the industry into the community as a growth industry (Arakawa, 2007).
