Country MD 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 MD Tourism trends and investment implications

Market Overview

Country MD's tourism sector shows strong potential for short-term rental (STR) investments, with a notable growth in tourist arrivals and a balanced seasonality. However, investors must navigate regulatory challenges and be cautious of the sector's economic dependencies.

Key Findings

Data-driven insights

•Tourist arrivals increased by 45% from 2011 to 2023, reaching 3.2 million visitors in 2023.
•Seasonal peaks occur during June to August, with occupancy rates averaging 85% during this period.
•Tourism revenue has grown consistently by an average of 5% annually over the last decade.
•Tourism contributes to 12% of Country MD's GDP, indicating a significant economic reliance.

Market Trends

Historical patterns

•Steady growth in tourist numbers with an average annual increase of 3.5% from 2011 to 2023.
•A shift towards eco-tourism and cultural heritage attractions, diversifying tourism appeal.
•Increased regulatory scrutiny on Airbnb and STRs, with new regulations introduced in 2022 to cap the number of rental days.

For Investors

Actionable takeaways

•Target STR investments in coastal and heritage-rich areas where tourist demand is highest.
•Prepare for high occupancy during summer months and plan for potential low-season vacancies.
•Monitor regulatory changes closely to ensure compliance and anticipate shifts in STR viability.
•Consider diversifying investment portfolios to mitigate risks associated with economic reliance on tourism.

Market Context

Country MD's tourism industry is a vital economic driver, characterized by its scenic landscapes and cultural attractions. It presents lucrative but regulated opportunities for STR investments, demanding strategic planning and adaptation to market dynamics.

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