deVere Investor Insight - Q1 2021

Investor Insight // Q1 - 2021 Keeping it local International tourism is off limits for many budding travellers and tourists, but domestic travel is allowed. We have seen a return to domestic tourism. Explore at home. Many are experiencing pandemic claustrophobia being trapped at home. People are now looking for shorter trips or mini vacations to local destinations just to get away e.g. visiting castles in England, the villages of Tuscany, barging in France or the vineyards of the Napa Valley. Local museums and tourist attractions are using marketing campaigns to bring back the locals and remind them of the great experiences they can have. They offer major discounts for entrance fees and experiences. Many combined events are also seeing a return, like a flea market or farmers market outside a museum or manor house in the country. Come to the flea market and see the castle. Experiences are the new attraction Many small tourist attractions and B&B’s are turning to experiences and themed vacations to attract guests e.g. offering cooking classes or 10