At the same time, the high cost of hotels combined with high rate of tourism leads to great demand for vacation rentals. 

Gives me the ability to make my own meals, my kids feel more at home in a condo environment, and often times we can park the car for most of the week and either walk or ride beach cruisers wherever we're going.Maybe check with the local chamber of commerce and look at historical performance of the tourism industry there - that might give you a good idea of how busy the place is year round.  

This is how many resort towns are, thankfully our summer tourism is ramping up and that means more renters!

There is no tourism here. 

It can be weird as was mentioned, million dollar homes just a mile away from a trailer park but NH has always had a large tourism business.

Tourism is the name of the game here in Real Estate.

Strangely however no one is talking about the systematic devastation and migration that could emerge in cities and small towns with single economies like Casinos, Theme Parks, Tourism Resorts, Oil belt and College Towns.

Factors such as the overall health of the economy and tourism industry, as well as local regulations and zoning laws, can all impact the supply and demand for short-term rentals.As for long-term rentals, it depends on location, It is likely to be less affected by the ups and downs of the tourism market, and can provide a more stable income stream for investors.

This could be becuase of the mix of the service vs. other job types in that geo (E.G. think Las Vegas or Orlando - heavily weighted to service/tourism jobs).Dan

Plus, the Las Vegas tourism business continue to do well due to its adaptability.