Agência para o Investimento e Comércio Externo de Portugal


International hotel property adviser, Christie & Co, has published an update of its “Portuguese Hotel Market” report, published for the first time in 2016.

Portugal has experienced remarkable tourism growth in recent years, reaching more than 12.7 million arrivals of international tourists in 2018.

Demand has experienced an accumulated growth of 3.7 percent between 2016 and 2018, driven both by the domestic (+4.7 percent) and international (+3.3 percent) tourism.

The hotel sector has also shown quality improvement in hotel supply, evidenced by the 4.7 percent increase in the number of 4 and 5-star hotels from 2015 to 2018.

Improvement in supply is one of the main drivers of the sector’s profitability, which has grown by 4 percent in 2018 compared to the previous year.