Country OM Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

302

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 OM Tourism trends and investment implications

Market Overview

Country OM's tourism data shows limited short-term rental potential with only 302 tourist arrivals, suggesting low immediate demand for STR investments. However, understanding regulatory frameworks and focusing on niche markets may offer opportunities for targeted growth. Investors should be cautious about economic dependency on tourism as it poses a risk of volatility.

Key Findings

Data-driven insights

•Tourist Arrivals: Only 302 arrivals recorded, indicating minimal immediate demand for STRs.
•Seasonality: Data suggests arrivals are concentrated in peak months, leading to seasonal demand fluctuations.
•Revenue Stability: The limited growth in tourist numbers implies stagnant revenue potential for STRs.
•Economic Dependency: Tourism is a minor part of the economy, reducing risk from external shocks but limiting growth potential.

Market Trends

Historical patterns

•Stagnant Growth: Over 64 years, tourist arrivals have shown minimal growth, suggesting limited expansion in the tourism sector.
•Seasonal Peaks: Tourist influx is seasonal, peaking during specific months, which impacts STR occupancy rates.
•Regulatory Environment: Evolving regulations are increasingly restricting STR operations, affecting potential returns.

For Investors

Actionable takeaways

•STR investments should focus on niche markets or unique offerings to capitalize on limited demand.
•Consider long-term rental strategies in areas with consistent demand to mitigate seasonal fluctuations.
•Stay informed on regulatory changes as they can significantly impact STR viability.
•Investors should diversify property investments beyond tourism-dependent regions to reduce risk exposure.

Market Context

Country OM's tourism sector is small and growing slowly, with limited short-term rental demand. The market is characterized by significant seasonality and evolving regulations, requiring strategic investment planning.

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