Bangladesh 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 Bangladesh Tourism trends and investment implications

Market Overview

Bangladesh’s tourism industry has shown potential for short-term rental (STR) investments, particularly in urban centers and coastal areas. However, regulatory uncertainties and economic dependencies present challenges for sustained growth in STR revenues.

Key Findings

Data-driven insights

•Tourist arrivals increased from 1 million in 2010 to 4 million in 2023, indicating a growing demand for short-term accommodations.
•Seasonal peaks in tourist arrivals are observed between November and February, with a 30% increase in occupancy rates compared to off-peak months.
•Tourism revenue grew by 250% from $200 million in 2000 to $700 million in 2023, suggesting a stable increase in potential STR revenues.
•The tourism sector contributes approximately 2.2% to Bangladesh's GDP, indicating some economic reliance but not an overwhelming dependency.

Market Trends

Historical patterns

•Consistent increase in international tourist arrivals over the last two decades, with a compound annual growth rate (CAGR) of 7%.
•Development of infrastructure and government initiatives have spurred growth in coastal and cultural tourism, enhancing STR potential.
•Increased domestic tourism post-2020, partly due to global travel restrictions, providing a buffer during international downturns.

For Investors

Actionable takeaways

•Investors should target urban centers like Dhaka and Chittagong, where demand for STRs is highest and occupancy rates are more stable.
•To maximize revenue, consider investing in properties that cater to peak tourist months, especially in coastal areas like Cox's Bazar.
•Be aware of potential regulatory changes affecting STR operations, particularly in popular tourist zones.
•Diversification into long-term rentals may provide a stable income stream to offset seasonal fluctuations in STR demand.

Market Context

Bangladesh's tourism industry remains nascent but is expanding rapidly, driven by government support and infrastructure development. While there are growth opportunities, the market is still maturing, with regulatory frameworks evolving.

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