Also, must charge state and tourist taxes and cleaning/pet fees to the guest, and pass on - which is a lot of accounting.

According to a report by the McKinsey Global Institute, up to 800 million jobs worldwide could be replaced by automation by 2030.

If you can get properties in high tourist areas you can kill it.

There are literally thousands of tourists who come here on vacation, have a great time and, acting more on emotion instead of any kind of financial analysis, buy a vacation home.

Usually it's broken down by geographic region by state.Vacancy will depend on saturation rates for the area and whether the area is tourist driven or business driven.For hotels it's all about the REVPAR,location,and age.I would throw out national averages as it will be based on what's custom for the area.Flagged hotel/motels generally have more success than mom and pop ones.

Lots of tourists come here all year around.

They know that letting it fail would cause a Tsunami in the global markets, and its failure would be a political devastation to our economic power worldwide.

But Greece is little more than a tourist and fishing center with a ton of History (yeah, a slight exaggeration, but still...).

., not a vacation or tourist spot.

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