Your Trip To Hawaii Just Got Cheaper: See Waikiki's Upcoming Capsule Hotel

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• A Japanese-style capsule hotel, First Cabin, is opening in Waikiki, Hawaii this spring.
• The hotel offers budget-friendly accommodations with overnight stays starting at $120 per night.
• Shared amenities include communal restrooms, shower booths, a lounge, sauna and laundry room.

Your vacation to Hawaii might just become a little more affordable.

Oahu's tourist hub Waikiki is set to welcome its first Japanese-style capsule hotel this spring "inspired by the luxury and comfort of first-class air travel," according to a press release by Japan-based compact hotel company First Cabin.

Located on the 14th floor of the Waikiki Business Plaza – just minutes from Waikiki Beach – the $6 million capsule hotel project will offer budget-friendly accommodations for Hawaii travelers. Overnight stays start at $120 per night, with a possible day-use rate of $20 per hour for travelers with an early-morning or late-night flight. For comparison, the state's average daily rate in December was $354 for a vacation rental and $435 for a hotel.

"As the first First Cabin property in the United States, the hotel merges the efficiency of capsule accommodations with the quality and elegance of a premium hotel, offering an elevated experience for travelers," the release says.

First Cabin capsule hotels are found throughout Japan, including at Haneda Airport and Kansai International Airport for travelers with long layovers.

The pod-style rooms offer just enough space for a bed, providing a bit more privacy and comfort than a hostel. Guests can choose from four larger first-class capsules, each spanning 47 square feet with a standard double bed and nightstand, resembling a tiny hotel room.

Smaller 27-square-foot capsules are also available, including nine business-class cabins fitting just a single bed and a more compact premium economy option of 90 stacked private single beds. Each pod will be accessed via a smart keycard.

As for the restrooms, there are communal toilets and "shower booths." Other shared amenities include a lounge, sauna and laundry room. The hotel will also offer seamless pre-check-in options, lockers and luggage storage services.

"The project is driven by a commitment to strengthening the connection between Japan and Hawaii while providing visitors from around the world with the opportunity to experience Japanese hospitality and service at its finest," First Cabin said.