Portugal’s Hospitality and Tourism
In Portugal, tourism has hit record highs again. In December 2017, according to INE’s preliminary results, hotels registered a growth of 8.9% in terms of number of guests, 7.4% in overnight stays, totalling 1.2 million and 2.7 million, respectively.
The continuous growth of overnight stays in the domestic market in December 2017 decreased to 10.5% (7.2% in the previous month) and those of foreign markets remained the same as the previous month at 9.4%.
The main issuing markets accounted for 81.1% of non-resident overnight stays:
- The UK market recorded 15.7% of total overnight stays by non-residents, rising by only 1.1% in 2017;
- The German market recorded 13.6%, with a growth of 7.7% in 2017;
- The Spanish market accounted for 9.7% of non-resident overnight stays and registered a growth of 2.7% in 2017;
- The French market accounted for 9.5% and showed a slight growth in 2017 of 1.0%;
Also noteworthy was the growth in December in the Swedish markets (+ 41.3%), and developments in 2017 in the Brazilian (+ 35.6%), North American (+ 33.4%) and Polish (+ 30.0%) markets.
Overnight stays increased in all Portuguese regions for the whole of 2017, with all regions showing significant increases. The Algarve registered 33.1% in 2017, and recorded an increase compared to 2016 of 963,1 thousand overnight stays.
The average stay per night was 2.32 nights (down by 1.2%), while the net bed occupancy rate increased by 1.8pp (corresponding to 32.1%). The occupation rate maintained growth, with the Alentejo having one of the highest increases of + 4.3 p.p.
Total revenues reached 160.2 million euros in December. Compared to 2017, the total income increased 16.6% and income from overnight stays by 18.3%.
At the end of 2017, according to the INE, hotel establishments registered 20.6 million guests and 57.5 million overnight stays. The Portuguese and the domestic market contributed with 15.9 million overnight stays and external markets with 41.6 million overnight stays.