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

REI can be risky, so adding additional revenue generators into the project can lessen the risk.I'm working on a project in Costa Rica that has investor opportunities in Real Estate (vacation homes etc) Some of the development includes an Event Center with revenue streams from GROUP Travel, Tourism and Events, such as Golf Clinics, Yoga Retreats, Business Education and Corporate Team Building etc.

Originally, I was looking to do only LTR (I have 24 units) and have now decided to join forces with two incredible women who are looking to start at STR property management business in our vacation tourism hotspot of a town.

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

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

Real estate would be more expensive but assuming constant mountain/city tourism I could see a greater ROI. 

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.

Regarding the hospitality industry, the growth in number of tourism arrivals is quite strong and source markets are diversifying.

Hello,my name is Bruno and I come from Croatia.I'm 23 years old and have been interested in real estate  for quite some time.I've listened to a bunch of programs, attendet lots of courses and read books on real estate investing, but theoretical knowledge is something different from practical knowledge.Croatia has a very beautiful coast and 18% of our GDP comes from tourism, so there is a lot of opportunity here, but currently I don't know of any real estate investor that I can talk to or work for so I'm looking forward to being active on this platform and follow peoples advice and journeys.Thank you,Bruno