Country KW Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

1,606

Annual number of tourist arrivals

Tourism Revenues

$1.7K

Annual tourism revenue

Tourist Arrivals

Annual number of tourist arrivals

Tourism Revenues

Annual tourism revenue

Additional Insights

Expert analysis of Country KW Tourism trends and investment implications

Market Overview

Country KW's tourism industry presents a limited but potentially growing opportunity for short-term rental investments, given the low tourist arrival numbers and tourism revenues. Investors should be cautious of the small market size but may find niche opportunities in targeted locations with consistent demand.

Key Findings

Data-driven insights

•Tourist arrivals are low at 1,606, indicating limited immediate demand for short-term rentals.
•Tourism revenues are modest at 1,687 USD, suggesting low spending per tourist.
•The tourism sector shows potential for growth, albeit from a small base, which could gradually increase rental demand.
•Current regulatory environment for Airbnb and STRs is unclear, posing a potential risk for investors.

Market Trends

Historical patterns

•Slow but steady increase in tourist arrivals over the decades, suggesting gradual sector growth.
•Tourism revenues have not shown significant fluctuation, indicating stable but low economic returns.
•Seasonality trends show a mild increase in arrivals during peak seasons, but overall, arrivals remain low.

For Investors

Actionable takeaways

•Consider investing in areas with consistent year-round demand to mitigate low tourist numbers.
•Focus on niche markets or unique STR offerings to capitalize on the modest tourism growth.
•Monitor regulatory changes closely to avoid legal complications with STR investments.
•Evaluate the potential for long-term rental conversion if short-term demand does not materialize.

Market Context

Country KW's tourism industry is small but stable, with low tourist arrivals and revenues. The market offers limited opportunities for STR investments but may appeal to niche or innovative property offerings.

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