Global Tourism Real Estate Market by Type (Tourism Landscape Real Estate, Tourism Commercial Real Estate, Tourist Holiday Real Estate, Tourism Residential Real Estate), By Application (Rental, Sales) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global tourism real estate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tourist holiday real estate, rising disposable income of consumers, and growing number of tourists across the globe. The tourism landscape real estate segment is expected to hold the largest share in the global tourism real estate market by type during the forecast period from 2018 to 2030. This can be attributed to increased investment in infrastructure development by governments across different countries and rising demand for luxury properties among consumers. The rental segment is expected to hold a larger share in terms of application during the forecast period from 2018-2030 owing to increase in number of short-term rentals.



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Product Definition:

Tourism real estate is a type of real estate that caters to tourists. This can include hotels, resorts, and other types of accommodation. Tourism real estate is important because it helps to support the tourism industry, which is a key part of many economies.

Tourism Landscape Real Estate:

The tourism landscape real estate is the portion of land that is used for the purpose of accommodation and hospitality during tourism. It includes areas such as hotels, restaurants, camping sites, chalets and holiday homes. The growth factor in this market has led to an increase in demand for high quality holiday homes which are unique and different from any other home available in the market. This uniqueness attracts customers towards purchasing these properties even during their visits alone or with their families at a later stage.

Tourism Commercial Real Estate:

Tourism Commercial Real Estate (TCRE) is the part of hospitality industry which includes hotels, resorts, restaurants and pubs. TCRE also includes retail space in tourist areas as well as conference rooms and meeting rooms used by tour operators for their business purpose. The major factor driving the growth of tourism commercial real estate market is increasing number of international tourists across the globe.

Application Insights:

The rental application segment accounted for the largest revenue share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. This is attributed to a growing number of tourism projects across various countries in Asia Pacific, Africa, North America and Europe that are offering rentals as an alternative investment opportunity. For instance, Hyatt Hotels Corporation has launched a new line of luxury apartments named as ¢â‚¬ËœHyatt Regency¢â‚¬â„¢s Residences¢â‚¬ at various locations including Dubai, Paris, New York City and Los Angeles. The company also aims to expand this brand globally by 2030 which will provide more than 5500 rooms under different categories such as lifestyle hotels & resorts; full service hotels; romantic hotel; family friendly hotel etc., thus driving the demand for tourism real estate investments across the world.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing investments by international players, availability of cheaper labor, infrastructure facilities as well as high domestic demand for real estate projects. In addition, growing trend of travel and tourism has led to increased demand for accommodation which will further drive regional market growth.

The Asia Pacific region is home to some of the most popular tourist destinations across the globe such as Thailand, Singapore, Hong Kong Disneyland Resort & Universal Studios Singapore among many others. These properties are being purchased primarily by foreign investors looking for investment opportunities in this industry with an aim toward rental income generation or capital gain through sale option over a period of time  - either short term (less than 1 year) or medium term (1-3 years).

Growth Factors:

Increasing international tourist arrivals: The number of international tourist arrivals has been increasing consistently over the years. This is due to various factors such as increase in disposable income, growth in airline industry, etc. This provides a huge potential for the growth of tourism real estate market.
Growth in MICE (Meetings, Incentives, Conferences and Exhibitions) travel: The global MICE travel industry is expected to grow at a CAGR of 6% from 2016 to 2020. This provides a huge opportunity for the growth of tourism real estate market as this segment generally requires large-scale infrastructure and facilities such as convention centers, hotels, etc.
Proliferation of online booking platforms: With the proliferation of online booking platforms such as Airbnb and Booking Holdings Inc., tourists are now increasingly preferring to book their accommodation and other services online rather than through traditional channels such as travel agents or hotel chains. This presents a big opportunity for players in the tourism real estate market who can provide innovative solutions that cater to this trend.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Tourism Real Estate Market Research Report
By Type
Tourism Landscape Real Estate, Tourism Commercial Real Estate, Tourist Holiday Real Estate, Tourism Residential Real Estate
By Application
Rental, Sales
By Companies
Evergrande, Vanke, Country Garden, Poly, SUNAC, Greenland, R&F, CFLD, CR Land, Green Town, Evergrande, Wanda
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.

Global Tourism Real Estate Market Report Segments:
The global Tourism Real Estate market is segmented on the basis of:
Types
Tourism Landscape Real Estate, Tourism Commercial Real Estate, Tourist Holiday Real Estate, Tourism Residential Real Estate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rental, Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Evergrande
Vanke
Country Garden
Poly
SUNAC
Greenland
R&F
CFLD
CR Land
Green Town
Evergrande
Wanda



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Highlights of The Tourism Real Estate Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Tourism Landscape Real Estate
Tourism Commercial Real Estate
Tourist Holiday Real Estate
Tourism Residential Real Estate
By Application:
Rental
Sales
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Tourism Real Estate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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