The tourist residence: a model at the heart of regional dynamics The tourist residence is a strategic segment of the property market, positioned at the interface of hotel and residential logic. Designed to meet the demands of clients seeking comfort and autonomy , it combines all the advantages of a commercial accommodation while offering a more immersive and functional setting than traditional hotels. The architecture of this model rests on an offer of furnished and equipped apartments (kitchen, living area, sleeping area), backed by a base of shared services: reception, housekeeping, laundry, catering and, in some cases, leisure facilities (pool, spa, social spaces). This hybrid approach maximises the appeal of the asset by capturing a broad spectrum of clients: families on holiday, international tourists, digital nomads and groups seeking flexible and high-quality experiences. The tourism industry, a major economic driver, maintains strong momentum in France , the world's top destination with nearly 100 million visitors a year. In 2024 , total tourism spending there exceeded 71 billion euros , and rentals in tourist residences recorded an average occupancy rate of 74% last summer. Changing consumption patterns confirm the appeal of these immersive formats, combining autonomy and services . The rise of slow tourism and of travel with family or friends strengthens the competitive advantage of tourist residences, increasingly inclined towards labels, over hotels and peer-to-peer rental platforms. Investment in a tourist residence relies on a commercial lease , operated by a professional operator guaranteeing full management of the asset. This arrangement allows the investor to benefit from a stabilised rental yield , decoupled from vacancy and economic fluctuations . Add to this, in most cases, the possibility for the investor to use their own unit for a few weeks a year. The operator, as tenant , ensures the optimisation of the occupancy rate through multi-channel marketing strategies (B2B, OTA, direct distribution). This structure guarantees a strong occupancy rate , risk pooling and rigorous control of operating costs. Its location , often in premium areas – coastal, mountain, urban or dynamic suburban – makes it a lever for long-term capital appreciation . Favoured by wealth advisers (CGP) and experienced investors , the tourist residence fits an approach of optimised yield and risk control , while meeting the new expectations of the tourism market. A true investment solution combining performance and asset security .