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Tourist Accommodations in Portugal with Revenues of €3.7 Billion in 2017

6 August 2018

Total revenues in Portugal’s tourist accommodations reached 3.7 billion euros in 2017, 18.6% more than in the previous year. Room revenues totalled 2.7 billion euros, representing year-on-year growth of 20.9%. In 2016, compared to 2015, the total revenues increased by 18.1% while room revenues went up by 19.2%.

The data comes from the National Institute of Statistics (INE) as part of a publication on the tourism sector last year.

The tourist accommodation sector in Portugal (hotels, rural tourism and local accommodations) saw 24.1 million guests and 65.8 million overnight stays in 2017, up by 12.9% and 10.8 % over the previous year, respectively. In 2016, compared to 2015, the increases had been at 11.1% and 11.6%, respectively.

“The hotel sector registered 19.8 million guests (+10.1%) and 55.7 million overnight stays (+8.4%). Overnight stays by residents (15 million) fell slightly to +5.4% (+6.3% in 2016) while non-residents (40.7 million, 73.1% of total) increased by 9.6% %, also less than in the previous year (+12.1% in 2016). The average income per available room (RevPAR) for hotels stood at 51.7 euros (+15.8%), with total income and room occupancy increasing by 17.7% and 19.6%, respectively,” the INE concluded.

According to the institute, “looking at the tourist accommodation sector (hotel, rural/residential tourism and local accommodation), there were 5,840 establishments in operation with a capacity of 402,800 beds (+ 5.8%) in July 2017.”

The Secretary of State for Tourism, Ana Mendes Godinho, believes that the INE’s figures are “a testament to the work of everyone who is dedicated to tourism.”

According to the minister, Portugal is “achieving the goals of its 2027 Tourism Strategy: to increase in the value of and extend tourism throughout the year and the country, promoting its sustainability, job creation and regional development.”

Secretary Godinho also stressed the importance of “the growth of traditionally less tourism-focused regions, the expansion of tourist activity throughout the year and the diversification of markets.”

Original Story: Idealista

Translation: Richard Turner