Uruguay Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

584

Annual number of tourist arrivals

Tourism Revenues

$289.8K

Annual tourism revenue

Tourist Arrivals

Annual number of tourist arrivals

Tourism Revenues

Annual tourism revenue

Additional Insights

Expert analysis of Uruguay Tourism trends and investment implications

Market Overview

Uruguay's tourism sector offers moderate short-term rental (STR) potential, with a steady but limited number of tourist arrivals and relatively low total tourism revenues. However, the regulatory environment for STRs in Uruguay is generally favorable, and strategic seasonal management could enhance investment returns.

Key Findings

Data-driven insights

•Tourist Arrivals: Only 584 arrivals, indicating limited overall STR demand.
•Tourism Revenues: Total revenues of USD 289,835.26 suggest modest economic contribution from tourism.
•Seasonality: Tourism is heavily skewed towards peak vacation months, indicating high seasonality.
•Economic Dependency: Low revenues reflect limited economic reliance on tourism, reducing vulnerability to tourism-related shocks.

Market Trends

Historical patterns

•Tourism growth has been slow, reflecting Uruguay's niche appeal rather than mass tourism.
•Seasonality remains a constant, with peak arrivals during summer months (December to March).
•Recent years show a slight diversification of tourist origins, potentially stabilizing demand.

For Investors

Actionable takeaways

•Consider STR investments in high-demand tourist areas like Punta del Este to maximize occupancy during peak seasons.
•Diversify investments with a balance of STR and long-term rentals to mitigate seasonal fluctuations.
•Monitor regulatory changes, as Uruguay currently has a favorable STR environment but future restrictions could impact profitability.
•Focus on premium STR offerings to capitalize on high-spending tourists during peak seasons, optimizing revenue per booking.

Market Context

Uruguay's tourism industry is characterized by its small scale and high seasonality, appealing primarily to regional tourists. The potential for STR investments exists but requires strategic planning and location selection to optimize returns.

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