AVISO Valuation & Advisory’s Post

🔥 Portugal's Tourism Boom: Explorer Leads the Way 🔥   With Portugal on the rise as one of Europe’s hottest destinations, we’re excited to see how Explorer is leading the way to meet the growing hospitality requirements of tourists.  Last year, the country saw a record number of American visitors. With almost 140,000 US tourists throughout 2023, after Spain and the UK, the States now makes up Portugal’s third most important market. In the first four months of this year alone, US tourists rose 16%, and it is believed, Americans are now number one in terms of hotel bookings in Lisbon.  Explorer is rising to meet the demand! Their 4-model investment strategy advice has been honed over the last 10 years and captures the market’s key growth drivers, positioning them perfectly them to deliver some of Portugal’s most sought-after hospitality destinations.     #Portugal #Tourism #HospitalityInvestment #TravelTrends #Explorer     Photo Credit: Explorer  

Tourism Destinations: Be braver for clear differentiation! Increasing competition makes it more challenging than ever for tourism destinations to stand out. In a world where countless holiday regions compete for guests' attention, clear positioning is crucial. While the importance of a strong brand is evident to many in the tourism industry, many brand promises are interchangeable and lack differentiation. The question arises: Have these tourism experts truly internalized the concept of positioning when we see so many 'natural paradises,' 'family regions,' 'cultural cities,' and 'ski paradises' without genuine uniqueness? How can tourism destinations boldly differentiate themselves? Keen to explore further insights on tourism branding? Check out this link: https://lnkd.in/gyNfKjbQ #Tourism #DestinationBranding #Branding #Positioning #Innovation

Have you ever wondered what makes a destination truly unforgettable? Cultural tourism opens the door to experiences that go beyond traditional sightseeing. Imagine tasting local foods, joining vibrant festivals, or learning about age-old crafts—these moments reveal the heart of a place. Cultural tourism connects travelers with a destination's history, traditions, and lifestyle, immersing them in its soul. Today’s travelers crave unique and authentic experiences. This shift creates exciting opportunities for tourism businesses to stand out. Incorporating cultural elements like cooking classes, handicraft workshops, or heritage tours can attract visitors seeking a deeper connection to the places they explore. These offerings enhance a traveler’s experience and elevate a business's appeal, setting it apart from standard tourism services. Why is cultural tourism so impactful for local communities? Businesses that embrace cultural tourism benefit economically, contribute to preserving local customs, and support artisans, guides, and performers. This approach enriches the community and ensures that travelers leave with a lasting bond to the place they visited. What would make a cultural experience unforgettable for you? Read more: https://lnkd.in/ekQY5PSh #CulturalTourism #AuthenticTravel #ExploreLocal #TravelExperiences #HeritageTours #CommunityImpact

The travel and tourism industry is one of Australia’s largest industries, historically accounting for ~10% of annual GDP. The Australian tourism sector has stabilised. It is forecast to exceed pre-COVID levels from 2024, driven by the return of international tourism. Tourism operators, particularly regional and ecotourism operators, are preparing for an increase in demand following a recent period of soft trading. Download our latest Nash Tourism Insights via link below. #tourism #industrygrowth #investment #business

Adventure Tourism Continues Growth Surge....   A report in Travel And Tour World finds that, “As of 2022, the adventure tourism market was valued at $324.90 billion and is projected to soar to $1,947.5 billion by 2032, achieving a compound annual growth rate of 19.5% from 2023 to 2032.”   It attributes the growth to “rising demand for sustainable travel options, a shift in consumer preferences toward experiential tourism, and the powerful impact of social media in highlighting lesser-known destinations.” Click here for the full report:   https://lnkd.in/eBPv5QM5 #incentivetravel #experiences #rewards

Kearney just released a groundbreaking report at #FHSWorld, highlighting major shifts in global tourism trends! With travelers increasingly seeking sustainable and experiential destinations, emerging markets like the Red Sea coastline and the Albanian Riviera are on the rise. Middle Eastern hubs are poised to capitalize on this trend, thanks to visionary projects and strategic investments in tourism infrastructure. Discover how eco-friendly travel and wellness tourism are reshaping the future of the industry: https://hubs.la/Q02RQbNl0

Picture the Future of Tourism in Marana! Tourism is the largest industry in Marana, contributing $145 Million+ to our economy each year, and beyond the monetary benefits, adds to the quality of place and quality of life for visitors, residents, and business owners alike. We want to hear your voice! What makes Marana unique? What is missing? What should we be doing more of? What do you already love about living (or visiting) here, and what could make you love it even more? Let us hear about the direction you think Discover Marana should go over the next 10 years. Take the survey here, or scan the QR code in the video: https://lnkd.in/gArpwv7m #DiscoverMaranaAZ #MaranaAZ #Tourism #MasterPlan

Over the past decade, #Adjara has emerged as one of Georgia’s top tourist destinations! 📈 Key Milestones: 2010-2013: Major infrastructure improvements laid the groundwork for rapid growth in tourism, with the region attracting more visitors than ever. 2014-2017: Adjara gained international attention for its blend of seaside resorts, cultural festivals, and stunning mountain landscapes. 2018-2021: Luxury resorts, eco-tourism, and adventure travel boomed, attracting visitors from all over the world. 2022-2023: Record-breaking tourism, positioning Adjara as a must-visit destination for both beach and mountain lovers! Whether it's relaxing on the Black Sea coast or exploring the rich culture and nature of the region, Adjara has it all! #AdjaraTourism #ExploreGeorgia #BlackSeaCoast #TourismGrowth #VisitAdjara

Excellent report on 2023 Bali's performance and the opportunity around branded residences. In summary, there are fewer branded residences in #bali than in other SEA destinations. Why? 1. Large Indonesian property groups prefer larger-scale projects in Jakarta and other urbanizing locations. 2. A restrictive environment on foreign property ownership, with a lack of transparency or consistency. 3. The costs of PMA companies to hold these assets increased over the last few years. However, as the report suggests: “there is a changing mindset of Indonesian developers to develop branded residences in Bali, and this is expected to grow to a wider scale among those seeking second or holiday homes. Once domestic buyers enter the broader resort-grade property market, we expect that impact to be a game-changer for branded residences.” #baliindonesia #realestatedevelopment #brandedresidence

Good things come to those who wait. Could be one of the biggest news for us in 2024. We are now the country rep for Singapore, for Green Destinations (GD)'s Good Travel Program for tourism and hospitality businesses. The criteria is in line with the GSTC standards. We will be reaching out to businesses in the industry and working with them to make tourism more sustainable! #esgstrategy #eventmanagement #hospitalityindustry #sustainabletourism #impactinvesting #responsibletourism #gstc #regenerativetourism #miceindustry