Why did tourism real estate rise in recent years?

The emergence of tourism real estate is an inevitable choice of the market and a benign structure that promotes each other. The investment income period of general tourism projects is more than 15 years, but the sustainable return time can reach more than 5 years. In tourism real estate, the investment will be fully recovered in two to three years, and the profit will be 15% to 4%, which can be described as a profiteering project. But tourism real estate is based on low cost, and the key issue is that it must be popular. It's hard to sell any house where no one goes.

the value of tourism real estate is positively related to the passenger flow, the traffic in the tourist destination and the surrounding landscape value.

At present, the income from tourism real estate's investment supplements the long-term nature of tourism investment. On the other hand, the popularity effect of tourism strongly constitutes the value of tourism real estate and forms a sustainable appreciation effect. From the perspective of investment, tourism real estate is called the most difficult real estate development form because its operation relies on management and its investment cycle is long. The operation team needs to be highly professional, and maintain a large capital reserve or a complete refinancing channel.

The emergence of tourism real estate is a reasonable trend of long-term sustained return and rapid return, continuous cash flow and short-term sales settlement, low-cost land and high-cost supporting. In fact, low-cost land is combined with high-threshold tourism development, and there are not many opportunities for flattering. To make people popular, we need to develop infrastructure, scenic spots, amusement, entertainment, landscape, reception and so on, which requires a lot of investment. Therefore, the complementary relationship between tourism and real estate is very important.