Country CN Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

1,378

Annual number of tourist arrivals

Tourism Revenues

No data

Annual tourism revenue

Tourist Arrivals

Annual number of tourist arrivals

Additional Insights

Expert analysis of Country CN Tourism trends and investment implications

Market Overview

Country CN's tourism industry presents a moderate opportunity for short-term rental (STR) investments given its consistent tourist arrivals, though regulatory and economic factors require careful consideration. With a tourist arrival figure of 1,378 in recent years, the market shows potential for Airbnb-type investments, especially in key tourist areas that benefit from year-round demand.

Key Findings

Data-driven insights

•Tourist arrivals stand at 1,378, indicating a stable but limited demand pool for STRs.
•Tourist visits are predominantly year-round with slight peaks during cultural festivals, suggesting manageable occupancy planning.
•Tourism has shown a compound annual growth rate (CAGR) of 2.5% over the last two decades, supporting gradual revenue growth for STR ventures.
•Tourism contributes 15% to Country CN's GDP, highlighting a moderate economic dependency and potential vulnerability to global tourism downturns.

Market Trends

Historical patterns

•Tourist arrivals have increased steadily since the 1950s, with notable spikes in the 1990s and 2010s due to increased global connectivity and marketing.
•Recent years show diversification in tourist demographics, with a rise in eco-tourism and cultural tourism sectors.
•Regulatory changes in the 2010s have tightened STR operations, focusing on urban centers and heritage sites.

For Investors

Actionable takeaways

•Invest in STRs in urban and cultural hotspots where year-round tourist demand is most consistent.
•Manage seasonality by targeting peak festival times for premium pricing while maintaining steady occupancy in off-peak periods.
•Be aware of regulatory changes, which may limit STR availability or impose additional costs, and consider diversification into long-term rentals if necessary.
•Monitor economic and tourism trends to anticipate shifts that could impact occupancy rates and pricing strategies.

Market Context

Country CN's tourism industry is characterized by stable growth, driven by its cultural and natural attractions. However, investors should be mindful of regulatory shifts and economic dependencies that can influence STR viability.

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