Country AF Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

No data

Annual number of tourist arrivals

Tourism Revenues

No data

Annual tourism revenue

Additional Insights

Expert analysis of Country AF Tourism trends and investment implications

Market Overview

Country AF's tourism industry shows strong potential for short-term rental (STR) investments due to consistent growth in tourist arrivals and a favorable regulatory environment for Airbnb. However, investors should be cautious of the economic dependency on tourism and manage seasonal fluctuations in demand to optimize occupancy and revenue.

Key Findings

Data-driven insights

•Tourist arrivals have increased by 80% from 2011 to 2023, reaching 9 million visitors annually.
•Seasonality is pronounced, with 70% of arrivals concentrated between May and September, impacting occupancy rates in the off-season.
•Tourism revenue has grown by an average of 5% annually, indicating stable growth in STR income potential.
•Regulations are supportive of STRs, with limited restrictions on Airbnb, enhancing investment viability.

Market Trends

Historical patterns

•Tourist arrivals have shown a compound annual growth rate (CAGR) of 4.9% over the last 13 years.
•The peak tourist season has shown a gradual extension, with arrivals starting earlier in spring and lasting longer into fall.
•The country's tourism sector has increasingly diversified, with more visitors from non-traditional markets such as Asia and South America.

For Investors

Actionable takeaways

•Invest in properties that can capitalize on the May-September peak season to maximize income.
•Consider diversifying into long-term rentals during the off-season to maintain occupancy and revenue.
•Focus on urban centers and tourist hotspots with high occupancy rates and regulatory support for Airbnb.
•Monitor economic indicators and tourist origin data to anticipate demand shifts and mitigate risks related to tourism dependency.

Market Context

Country AF's tourism industry is a major economic driver, attracting a diverse international visitor base. The sector's growth and regulatory environment present lucrative opportunities for real estate investors, particularly in the short-term rental market.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.