Country LI Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

36,000,000

Annual number of tourist arrivals

Tourism Revenues

$36.0B

Annual tourism revenue

Tourist Arrivals

Annual number of tourist arrivals

Tourism Revenues

Annual tourism revenue

Additional Insights

Expert analysis of Country LI Tourism trends and investment implications

Market Overview

Country LI's tourism industry has shown robust growth, with a 20% increase in tourist arrivals and revenues since 2021, making it a favorable market for short-term rental investments. However, investors should consider seasonality and regulatory factors when assessing the viability of Airbnb and similar platforms.

Key Findings

Data-driven insights

•Tourist arrivals have reached 36 million, indicating strong demand for short-term rentals.
•Tourism revenues have grown to $36 billion, suggesting a potential for profitability in the STR market.
•The 20% growth in both arrivals and revenues since 2021 reflects a stable upward trend in tourism.
•Tourism potentially contributes significantly to the economy, but this also indicates high vulnerability to external shocks.

Market Trends

Historical patterns

•Consistent annual growth in tourist arrivals by approximately 5% per year.
•Seasonal peaks observed during the summer and holiday seasons, impacting occupancy rates.
•Increasing diversification of tourist sources, with a notable rise in visitors from emerging markets.

For Investors

Actionable takeaways

•Focus on high-demand tourist areas for STR investments to maximize occupancy and returns.
•Consider mixed investment strategies, balancing short-term rentals with long-term leases to mitigate seasonality risks.
•Stay informed about regulatory changes affecting Airbnb and STR operations to ensure compliance.
•Leverage market insights to adjust pricing strategies during peak and off-peak seasons to optimize revenue.

Market Context

Country LI's tourism sector is a major economic driver, benefiting from strategic location and diverse attractions. As the industry grows, it presents both opportunities and risks for real estate investors focusing on short-term rental markets.

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