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

(Metro area should have a diverse economy, not just tourism, etc..)

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

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.

I don't know of a STR banned city database.You can search through this forum.If you pick a tourist town then you should be OK as they get a lot of revenue from tourism and will likely not do anything to upset that.

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

Every inbound call gets an average of 7 outbound follow up calls.

Imagine setting auto responders on every inbound call.  

Right now, we only load our inbound calls into it. 

Over the 90 days following that first inbound call we touch the prospect up to 69 times using calls, emails, text, RVM and additional mail.