Portugal, a country located in southern Europe in the Iberian Peninsula bordered by the Atlantic Ocean on one side and Spain on the other, a very demanded tourist destination, is experiencing in its tourism sector fewer overnight stays, but more revenue according data released by INE, the National Statistics Institute.
The tourism sector registered 1.8 millions guests and 4.2 million overnight stays in February 2025, which represents an annual drop of 2.5% justified by the fact that Carnival this year was in March.
Despite the drop in the number of overnight stays, revenue increased, with total income exceeding €287.7 million, 4% above the same period in 2024, while income from accommodation grew 3.4% to €208.8 million.
According to data provided by INE, the National Statistics Institute, one of the components of the SEN, the Portuguese National Statisitcal Sysstem which also included the Higher Council of Statistics, the Bank of Portugal and the regional services the autonomous regions of the Azores and Madeira overnight stays by residents registered a decrease of 0.8% after increasing 11% in January 2025 reaching 1.4 million.
With regard to overnight stays by non - resident decreased by 3.3%, which compares to a positive variation of 3.9% in January 2025, totalling 2.8 million.
The National Statistics Institute informed that this evolution is explained by the structure of the calendar, that is the one hand, by the effect of the holiday period directly associated with Carnival, which this year occurred in March, while in 2024 it was concentrated in the month of February and on the other hand, February 2025 had one less day than the previous year, and since 2024 was a leap year.
In terms of markets, the British market as for tradition continue to lead in the Portuguese incoming sector with 16.4% of total overnight stays, despite a 7.5% drop compared to the same month last year.
In the ranking the second place is occupied by the German market, with 11.2% of the total, and in the third position is the Spanish market, with a 8.3% share.
In the top ten of the main issuing markets in February 2025, the Polish market was the only one to register a notable growth with an increment of 23.2% while in terms of decline, the Brazilian market stood out with a drop of 18.9%.
As additional data information in February 2025 The National Statistics Institute noted that the regions recorded different developments in overnight stays, with the largest increases being recorded in the Setubal Peninsula, +7.8%, and in the Autonomous Region of the Azores, +5.1%.
The West and Tagus Valley recorded the largest decline, - 7.1% followed by Greater Lisbon, - 5.6%, and the Algarve, - 5.1%.
Finally, the average income per available room was €39.6 with an increase of 4.5% and the average income per occupied room reached €87.9% with an increment of 4.9%.
Link - https://www.theportugalnews.com/news/2025-04-01/fewer-overnight-stays-but-more-revenue/96567
No comments:
Post a Comment
Thanks a lot to read and note.