We can feel it! The Bourbon Trail will surpass Napa Valley in revenue generated this year as well!

Florida: Pros: No state income tax, favorable eviction laws, and a strong rental market driven by tourism and population growth.

Like everywhere else, investing is first and foremost about numbers.While you generally don't run the regulatory risk like you would in the US, Mexico City might be the exception and I would stay away.Tulum is being completely overbuilt so I'm not sure how you could be profitable long term there.Merida doesn't have all year-round mass tourism buy maybe focusing on a niche could work.Puerto Vallarta is great but it's become much pricier lately so you might need to find a deal if you want a decent return.Hope this helps!

I have a MTR/STR in Arlington, we have hospitals nearby for travel nurses and plenty of tourism that brings people to the area.  

Tourism is very big industry in my country , we have a few of the big brands like Hilton, Banyan tree , Four seasons etc..you can find some additiona linfo herefour seasonsyou can see their details in the link below, the price of the villas a re pretty high. http://www.petiteansedevelopments.com/res_detail.phpi have a few properties posted on this pagehttp://agent.4321.co.il/agent59913.aspxand a website i am working onhttp://rlarchitecturepropertyseychelles.weebly.com/

@Florsabel De La RosaPunta Cana gets two thirds of the country's tourism but most tourists go there for the all-inclusive resorts so you have pros and cons and a lot of the money has already been made there.I prefer the North Coast indeed  and specifically Las Terrenas and the Samana Peninsula.

It’s a heavy tourism area with year round demand and tight restrictions on STRs that keep room rates high.  

Thanks Brian, we shall see, tourism is definitely a life blood of the economy so hopefully there is a rationale compromise.

That is where I draw my take on Sell/Rent my biggest fear is the "What if Factor" - drop in tourism, association comes under litigation, hurricane (This season looks like it will be "Very" busy), Sickness or health issues or other.

Each market has its own dynamics and risks, so spreading your $5.3M across Hawaii (Kona), Miami, and Honolulu could be a solid strategy.For the short-term rentals in Kona, Hawaii, the tourism industry there is pretty robust, but do keep an eye on local regulations and potential changes in the vacation rental landscape.