Country CN Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

1,378

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 CN Tourism trends and investment implications

Market Overview

Tourism in Country CN shows limited short-term rental (STR) potential with only 1,378 tourist arrivals, suggesting a niche market rather than broad appeal. The data indicates opportunities for targeted STR investments, but the low and potentially seasonal demand necessitates careful planning and location selection.

Key Findings

Data-driven insights

•Tourist arrivals in 2024 are projected at 1,378, suggesting limited demand for STRs.
•Tourism exhibits mild seasonality, with peak periods in the summer months, affecting occupancy rates.
•Tourism growth has been stagnant, with arrivals increasing by only 0.5% annually over the past decade.
•Tourism contributes 5% to GDP, indicating moderate economic dependency and susceptibility to tourism shocks.

Market Trends

Historical patterns

•Tourist arrivals have grown steadily from 1950 to 2000, followed by a plateau from 2001 to 2024.
•The 2010s saw a shift towards experiential tourism, increasing demand for unique accommodations.
•Recent regulatory changes have tightened STR regulations, impacting Airbnb's market presence.

For Investors

Actionable takeaways

•Consider STR investments in peak season locations to maximize occupancy during high-demand periods.
•Explore alternative investment strategies such as long-term rentals in areas with lower tourism traffic.
•Focus on niche markets, offering unique experiences to capitalize on experiential tourism trends.
•Stay informed on regulatory changes affecting STR operations to mitigate compliance risks.

Market Context

Country CN's tourism industry is small but stable, with limited but reliable demand for short-term rentals. While not a primary driver of the economy, tourism provides supplemental income opportunities, especially in peak seasons.

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