Algarve hotel occupancy levels drop

  • 20 September, 23

The Algarve hotel industry recorded an average occupancy rate per room of 89.9% in August, a drop of 2.3 percentage points (p.p) compared to the same period in 2022.

According to provisional data provided by the Association of Hotels and Tourist Enterprises of the Algarve (AHETA) in the summary of the monthly evolution of activity in the sector, the record is 3% below the average occupancy value of 2019 (the year before the pandemic).

According to the business association, the markets that contributed most to the decline were those of the Netherlands, Spain, France and Germany.

The Irish, United States of America, Canada and Denmark markets were those that showed the biggest increases, compared to the same period last year.

According to AHETA, the national market was practically at the same level as in 2019, with only a 0.1% drop.

In August, the longest average stays were from the Netherlands market, with 6.5 nights, followed by the United Kingdom market, with 6.1 nights.

The average stay in Algarve accommodation units was 5.1 nights, which represents a decrease of 1.7% compared to 2019.

By geographic areas, the biggest increases, compared to 2019, occurred in the areas of Lagos/Sagres (+3.4 p.p.), Lagoa/Silves (+1.2 p.p.) and Portimão/Monchique (+0.3 p.p.).

The main drops occurred in Monte Gordo/Vila Real de Santo António (-3.8 p.p.), Albufeira with (-3.9 p.p.) and Loulé (-3.3 p.p.).

Cre: Portugalnews

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