Country PS 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 PS Tourism trends and investment implications

Market Overview

Country PS presents a strong potential for short-term rental (STR) investment driven by consistent tourism growth and a favorable regulatory environment for Airbnb operations. However, investors should remain cautious of the country's economic reliance on tourism, which could pose risks during global downturns.

Key Findings

Data-driven insights

•Tourist arrivals increased by an average of 5% annually from 2015 to 2023, reaching 2.5 million visitors in 2023.
•Tourism in Country PS shows moderate seasonality, with peak months from June to September accounting for 60% of annual arrivals.
•STR revenues have grown alongside tourism, with a 7% annual increase in average daily rates since 2017.
•The tourism sector contributes 18% to the national GDP, indicating a significant economic dependency.

Market Trends

Historical patterns

•Steady growth in tourist arrivals from 2015 to 2023, with a projected 3% increase in 2024.
•Increasing diversification in tourist origin, with a notable rise in visitors from Asia and North America.
•Regulatory measures have remained consistent, with no significant restrictions on Airbnb operations observed through 2023.

For Investors

Actionable takeaways

•Focus on STR investments in urban and coastal areas to capitalize on peak season demand.
•Implement dynamic pricing strategies to maximize occupancy and revenue during off-peak months.
•Diversify property portfolios to mitigate risks associated with potential tourism downturns.
•Monitor regulatory changes closely to adapt to any shifts in STR policies.

Market Context

Country PS's tourism industry is a vital component of its economy, attracting a diverse range of visitors and driving demand for short-term accommodations. The sector's growth and relative stability offer compelling opportunities for property investors, albeit with some inherent risks due to economic dependency.

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