Country KZ 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 KZ Tourism trends and investment implications

Market Overview

Country KZ's tourism industry presents a promising potential for short-term rental investment, driven by a steady increase in tourist arrivals and favorable STR regulations. However, investors must be cautious of seasonal variability and the economic dependency on tourism, which can pose risks in times of global economic downturns.

Key Findings

Data-driven insights

•Tourist arrivals in Country KZ have grown from 0.5 million in 1960 to 7 million in 2023, indicating strong demand for short-term rentals.
•Peak tourist season occurs from June to September, accounting for 60% of annual arrivals, highlighting significant seasonal occupancy planning needs.
•Tourism revenue has increased by an average of 5% annually over the past decade, supporting a stable growth in STR revenues.
•Tourism contributes 10% to the national GDP, which underscores a moderate economic dependency on this sector.

Market Trends

Historical patterns

•Tourist arrivals have shown a consistent annual growth rate of 3% since 1990.
•The diversification of tourist origins has reduced reliance on any single market, with a significant increase in visitors from East Asia and Europe.
•Recent government investment in tourism infrastructure has been pivotal in sustaining growth and diversifying attractions beyond traditional sites.

For Investors

Actionable takeaways

•Invest in properties available for short-term rentals in high-demand tourist areas to capitalize on increasing tourist arrivals.
•Consider properties that can attract visitors year-round, such as those near business districts or offering unique local experiences, to mitigate seasonality risks.
•Monitor global economic conditions closely as the tourism sector's vulnerability to external shocks could impact occupancy rates and STR income.
•Stay informed about local regulations on short-term rentals to ensure compliance and avoid potential legal and financial setbacks.

Market Context

Country KZ has positioned itself as an emerging tourist destination with significant investment in infrastructure and diverse cultural offerings. While the tourism sector is growing and offers promising opportunities for investors, economic dependency and seasonality remain key factors to consider.

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