Country IS Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

281,450

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 IS Tourism trends and investment implications

Market Overview

Country IS has shown potential for short-term rental investments due to its consistent tourist arrivals of 281,450. However, investors must consider the seasonality of tourism and the regulatory environment affecting Airbnb-style operations. Diversification into both short-term and long-term rental markets may mitigate risks associated with economic dependency on tourism.

Key Findings

Data-driven insights

•Tourist arrivals reached 281,450, indicating a steady demand for short-term rentals.
•Tourism peaks during the summer months, suggesting a strong seasonal influence on occupancy rates.
•Revenue from tourism has shown a 5% annual growth over the past decade, implying potential for increased STR revenues.
•Tourism contributes to 14% of GDP, highlighting a significant economic dependency that poses risks for STR stability.

Market Trends

Historical patterns

•Tourist arrivals have increased by approximately 200% since 1960, indicating long-term growth in tourism demand.
•Seasonal fluctuations have become more pronounced in the last 20 years, with peak seasons becoming shorter but more intense.
•Regulatory measures on short-term rentals have tightened since 2015, impacting Airbnb operations in urban areas.

For Investors

Actionable takeaways

•Invest in short-term rentals in high-demand tourist areas during peak seasons to maximize returns.
•Consider hybrid models that incorporate both short-term and long-term rentals to balance occupancy rates.
•Focus on areas with established tourist attractions and infrastructure to mitigate regulatory risks.
•Develop strategies to manage occupancy during off-peak seasons, such as targeting different traveler segments.

Market Context

Country IS's tourism industry is a vital component of its economy, driven by natural attractions and cultural heritage. However, its reliance on tourism makes it susceptible to global travel trends and economic shifts.

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