Besides Odawara Castle, Odawara is a major transit point for the Hakone hot springs resort area and the sightseeing locations of the Fuji-Hakone-Izu National Park. Within the city itself, the Yugawara area is also a well-known hot spring resort.
Enoura, a coastal area of Odawara known for its pristine sea, has an abundance of kumamomi, a type of fish which prefers clear and clean water. Sea turtles are also sometimes present there. Because of the clear water and plentiful undersea life, many people come to Enoura for scuba diving.
Traditionally, Odawara is known for its production of kamaboko processed fish, stockfish, umeboshi salted plums and traditional herbal medicines.