Waikiki Ala Wai, Oahu Airbnb revenue and occupancy data
What Airbnb listings in Waikiki Ala Wai earn, how often they're booked, and how that compares with the rest of Oahu, HI.
Over the past 12 months, regularly available listings in Waikiki Ala Wai earned $40,874 on average, were booked for 67% of the nights they were open, and averaged $298 a night. The median gross yield, before expenses, is 11.1%.
Yearly revenue
$40,874
Occupancy
67%
Nightly rate
$298
Gross yield
11.1%
before expenses
Median of 645 listings
Active listings
1,237
My take on Waikiki Ala Wai
In Waikiki Ala Wai, bedroom count makes a substantial difference to the revenue comparison. One-bedroom listings averaged $35,762 in trailing-year booking revenue, while two-bedroom listings averaged $64,286. Both were below their respective Oahu, HI figures of $43,883 and $86,982.
The neighborhood-wide average of $40,874 blends different bedroom counts. For an investor evaluating a particular unit, listings with the same bedroom count offer a more useful starting point than that overall average.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Waikiki Ala Wai?
Regularly available Airbnb listings in Waikiki Ala Wai earned an average of $40,874 over the past 12 months. That is 29% less than the Oahu, HI average of $57,484. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Waikiki Ala Wai?
Listings in Waikiki Ala Wai were booked for an average of 67% of the nights they were open for booking over the past 12 months. That is 1 points higher than the Oahu, HI average of 66%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Waikiki Ala Wai?
The average nightly rate in Waikiki Ala Wai was $298 over the past 12 months, including cleaning fees. That is 33% lower than the Oahu, HI average of $448.
Is an Airbnb in Waikiki Ala Wai profitable?
For homes with a matched home value, the median room-revenue potential in Waikiki Ala Wai is $57,505 a year and the median gross yield is 11.1%. Gross yield is 2.8 points lower than the Oahu, HI median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Waikiki Ala Wai by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Oahu, HI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| Studio 584 listings | $33,471 Oahu, HI: $34,734 | – |
| 1 bedroom 432 listings | $35,762 Oahu, HI: $43,883 | 10.2% Oahu, HI: 12.2% |
| 2 bedrooms 192 listings | $64,286 Oahu, HI: $86,982 | 13.2% Oahu, HI: 19.2% |
| 3 bedrooms 25 listings | $102,781 Oahu, HI: $123,371 | 9.5% Oahu, HI: 20.3% |
How does Waikiki Ala Wai compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Waikiki Ala Wai This area 1,237 listings | $40,874 | 67% | $298 | 11.1% |
| Oahu, HI market 6,065 listings | $57,484 | 66% | $448 | 13.9% |
| Central Waikiki 1,593 listings | $47,998 | 67% | $343 | 14.8% |
| Waikiki Beachfront 1,625 listings | $51,710 | 64% | $417 | 13.3% |
| Ala Moana & Kakaako 70 listings | $38,917 | 67% | $280 | 8.3% |
| Diamond Head & Kaimuki 129 listings | $39,350 | 64% | $327 | 10.9% |
Where is Waikiki Ala Wai?
The Oahu, HI market includes 15 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (1,237 in Waikiki Ala Wai). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 3, 2026 and refresh monthly.
Why are these figures different from the Oahu, HI market page?
The market page summarizes all of Oahu, HI from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Waikiki Ala Wai
With BNBCalc Markets, compare Waikiki Ala Wai by bedroom count and performance level, see home prices, and browse its listings on the map.