These US towns are a tourist gold mine
- Daniel Raluy
- Jan 22, 2024
- 2 min read
Here are some towns in the United States that have experienced an influx of tourism and represent emerging investment opportunities:
Providence, Rhode Island: Providence has been identified as one of the top emerging destinations in the U.S. for investing. It has a rapidly growing middle-class population, which is increasing the demand for tourism and providing higher returns on investment. Providence offers a vibrant, business-friendly downtown and affordable deluxe accommodations.
Poconos, Pennsylvania: The Poconos region is another emerging destination for tourism investment. It offers a variety of outdoor recreational activities such as hiking, fishing, camping, and skiing, which are gaining popularity and driving the town's growth as a vacation destination. The tourism-based economy is evidenced by the $8.1 million in Tourist Occupancy Tax revenue in 2021.
Mammoth Lakes, California: Mammoth Lakes is an emerging vacation destination, particularly known for its skiing and outdoor activities. The town's tourism-based economy generated $8.1 million in Tourist Occupancy Tax revenue in 2021, indicating its growth potential.
New Orleans, Louisiana: New Orleans is a well-established tourist destination, but it has continued to grow and evolve. In 2021, visitors spent close to $6.7 billion in New Orleans, which was 48% higher than in 2020, demonstrating the city's resilience and ongoing appeal as an emerging tourism market.
Boise, Idaho: Boise has been identified as the fastest-growing city for tourism in the U.S. The city has seen a surge in visitors, with a record 7.6 million people visiting Idaho's state parks in 2020, including the nearby Lucky Peak State Park which welcomed over 1 million visitors for the first time.
These towns and cities have experienced significant growth in tourism, driven by their unique attractions, outdoor recreation, cultural offerings, and business-friendly environments. They represent emerging investment opportunities for those looking to capitalize on the increasing demand for tourism in the United States.