The multi-million dollar estate called Hale Reena in Kailua boasts 7,000 square feet and first became the Obama's holiday rental when their first choice, The Plantation Estate, wasn't available in 2011 and again in 2012

The Asian inspired Hale Reena offers many amenities including a spa, pool, steam room, and an outdoor lanai with cushy lounge chairs and is believed to cost $3,500 per night to rent

Obama, who is allowed federally funded transportation and security, must pay out of pocket for his accommodation which adds up to around $56,000 for his entire two week stay

Obama's eighth consecutive Christmas vacation to Hawaii begins just as a new report published on Thursday showed the total cost of Obama's vacations since taking office in January 2009 has now hit $70.5million

Obama's usual rental, The Plantation Estate, costs anywhere from $5,000 to $10,000 per night

The Obamas arrived in Hawaii for their two week vacation on Saturday and are staying in a luxurious home away from home.

The multi-million dollar estate. Hale Reena in Kailua, boasts 7,000 square feet and first became the Obamas' holiday rental when their first choice, The Plantation Estate, wasn't available in 2011 and again in 2012. The Obama's vacation homes have been aptly nicknamed the other White House.

The Asian inspired Hale Reena offers many amenities including a spa, pool, steam room, and an outdoor lanai with cushy lounge chairs.

Vacation time: The Obamas arrived in Hawaii for their two week vacation on Saturday and are residing in their luxurious home away from home in Kailua. The Obamas' vacation homes have been aptly nicknamed the 'second White House'