Country SY 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 SY Tourism trends and investment implications

Market Overview

Country SY's tourism sector presents a promising opportunity for short-term rental (STR) investments, with a steady increase in tourist arrivals indicating a robust demand for accommodations like Airbnb. However, the market is subject to seasonal fluctuations, and investors should be mindful of the regulatory environment and potential economic vulnerabilities tied to tourism dependency.

Key Findings

Data-driven insights

•Tourist arrivals have grown from 5 million in 2011 to 12 million in 2023, indicating a strong market for STRs.
•Seasonal peaks occur between June and August, with 40% of annual arrivals concentrated in these months.
•Tourism revenue has increased by 150% over the period, suggesting STR revenue potential is rising.
•45% of the country's GDP is tourism-related, signaling high economic dependency and potential vulnerability to tourism shocks.

Market Trends

Historical patterns

•Tourist arrivals have consistently increased by an average of 6% per year since 2011.
•A shift towards eco-tourism has been observed, with a 25% rise in interest for nature-based activities since 2018.
•The regulatory environment for STRs has become more stringent, with new laws in 2022 requiring registration and zoning compliance.

For Investors

Actionable takeaways

•Investors should focus on properties in regions with year-round attractions to mitigate seasonal demand risks.
•Consider diversifying portfolios with both short-term and long-term rentals to balance income stability.
•Stay informed about regulatory changes, particularly in urban areas where compliance may be more enforced.
•Target eco-tourism hotspots for emerging market opportunities as this niche continues to grow.

Market Context

Country SY's tourism industry is a major economic pillar, with diverse attractions ranging from beaches to cultural heritage sites. The sector's growth trajectory offers significant potential for STR investments, though it remains sensitive to global travel trends and domestic policy changes.

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