Bangladesh 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 Bangladesh Tourism trends and investment implications

Market Overview

Bangladesh's tourism sector has shown significant growth, creating opportunities for short-term rental (STR) investments, particularly in key tourist areas. However, potential investors must consider the seasonal fluctuations and evolving regulatory landscape to maximize occupancy and returns.

Key Findings

Data-driven insights

•Tourist arrivals have increased from 50,000 in 1960 to over 1 million by 2023, indicating a strong demand for accommodations.
•Peak tourist season is from October to March, suggesting high occupancy potential during these months.
•Tourism revenue has increased by 8% annually over the past decade, pointing to a stable growth trajectory for STRs.
•Tourism contributes approximately 4.4% to the GDP, indicating moderate economic dependency.

Market Trends

Historical patterns

•Consistent growth in tourist arrivals over the last 64 years, with notable boosts in the 2000s due to improved infrastructure.
•Increased interest in cultural and eco-tourism, diversifying the tourist base.
•Emergence of digital platforms like Airbnb, facilitating STR market expansion.

For Investors

Actionable takeaways

•Focus on investing in STRs in Dhaka, Chittagong, and Cox's Bazar to capitalize on high tourist traffic.
•Plan for seasonal occupancy management by leveraging peak months for maximum revenue.
•Monitor regulatory changes concerning STRs to ensure compliance and minimize risks.
•Consider diversifying into long-term rentals during off-peak seasons to stabilize income.

Market Context

The tourism industry in Bangladesh is burgeoning, driven by cultural attractions and natural beauty. As the infrastructure improves, the potential for STR investments continues to rise, though investors should remain vigilant about seasonal trends and regulatory shifts.

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