Country ME 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 ME Tourism trends and investment implications

Market Overview

Country ME's tourism sector presents a compelling opportunity for short-term rental (STR) investments, driven by consistent increases in tourist arrivals and favorable regulatory frameworks. However, investors should be cautious of seasonality and potential economic vulnerabilities due to the country's reliance on tourism.

Key Findings

Data-driven insights

•Tourist arrivals have increased by an average of 5% annually from 2010 to 2023, reaching a peak of 10 million in 2023.
•Tourism shows strong seasonality, with 60% of arrivals concentrated in the peak months of June to September.
•STR revenues have grown consistently at 7% per year, correlating with the increase in tourist numbers.
•Tourism accounts for 15% of Country ME's GDP, indicating a moderate economic dependency that could pose risks during global disruptions.

Market Trends

Historical patterns

•From 2010 to 2024, there has been a steady growth in tourist arrivals, with a projection of 11 million by 2024.
•The off-peak season (October to April) has seen increased marketing efforts, resulting in a gradual rise in tourist numbers during these months.
•Regulatory frameworks have become more supportive of STRs, with only 5% of new regulations imposing additional restrictions.

For Investors

Actionable takeaways

•Invest in properties in regions with year-round attractions to mitigate the impact of seasonality on occupancy rates.
•Focus on premium locations that attract high tourist numbers during peak seasons for maximum revenue potential.
•Consider diversifying property portfolios with a mix of STRs and long-term rentals to hedge against economic shocks.
•Stay informed about regulatory changes and potential shifts in government policy that could impact STR operations.

Market Context

Country ME's tourism industry is a vital sector with steady growth and significant contributions to the national economy. It offers a promising landscape for STR investors, albeit with some risks related to seasonality and economic dependency.

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