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In recent years, tourist apartments have sparked intense debate about their impact on cities. However, when managed professionally and sustainably, they can become a key driver for the local economy, responsible tourism, and urban revitalization.
In recent years, tourist apartments have been at the centre of a public debate in our country, often associated with gentrification and the displacement of local residents. While these concerns are valid in some contexts, it is important to highlight how buildings dedicated exclusively to tourist apartments—managed with professionalism, sustainability, and a community-oriented vision, as is the case with Bonavista Apartments—can become key allies for neighbourhoods and cities.
This has been corroborated by a recent PWC report, which concludes that these accommodations generate nearly 2 billion euros annually and create 40,000 jobs, without being responsible for the rise in housing prices. In addition, representatives from the retail, hospitality, cultural sectors, and travel agencies support the sector’s contribution to the city both locally and internationally.
Direct Boost to the Local Economy
Tourists staying in these apartments frequent local shops, restaurants, and markets, generating immediate revenue for neighbourhood businesses. For example, a family renting an apartment will visit supermarkets and bakeries for their daily shopping and enjoy dinners at nearby restaurants.
Moreover, many apartment management companies collaborate with local businesses to offer exclusive promotions to guests, strengthening the synergy between both parties and creating a support network that benefits the entire community.
Order and Benefit for the City
Buildings dedicated exclusively to tourist apartments offer professional management that reduces the negative impact associated with informal tourist housing. This enables cities to better regulate the sector and ensure that tourism benefits everyone.
By complying with local regulations, these buildings also generate tax revenues that can be reinvested in urban improvements. This creates a virtuous cycle in which well-managed tourism drives the sustainable development of the city.
Promotion of Responsible Tourism
When tourist apartments are managed with a focus on sustainability and the community, they foster responsible tourism. This involves minimising environmental impact through efficient resource management, promoting local cultural activities and events, and encouraging guests to enjoy authentic experiences—thereby reinforcing the neighbourhood’s identity as a destination in its own right.
Revitalization of the Urban Environment
Mid-to-high level tourist apartment buildings usually invest in maintaining and beautifying their surrounding areas. From restoring facades to enhancing security, these initiatives bene