Revenue from tourism continues to rise

• 1 December, 25

Total revenue from tourist accommodation reached €5.7 billion and revenue from lodging totalled €4.4 billion by September, reflecting year-on-year increases of 7.6% and 7.4%, respectively.

According to tourism activity statistics from the National Statistics Institute (INE), during the first nine months of the year, tourist accommodation establishments registered 25.3 million guests (+3%) and 65 million overnight stays (+2.2%).

By September, overnight stays by residents increased by 5.8%, corresponding to 19.9 million, while those by non-residents grew by 0.7%, totalling 45.2 million.

In the third quarter, total revenue from tourist accommodation reached €2.7 billion and total revenue from lodging reached €2.2 billion, reflecting increases of 7.4% and 6.9% respectively compared to the same period in 2024.

Between July and September, the tourist accommodation sector registered 10.5 million guests and 28.6 million overnight stays, corresponding to increases of 2.2% and 2%, respectively.

Foreign markets dominate

Foreign markets were dominant (67.8% of the total), although with a smaller share, the lowest since the third quarter of 2022, with 19.4 million overnight stays (+0.3%), highlighted the INE (National Institute of Statistics).

Overnight stays by residents increased by 5.5% to 9.2 million in the period under analysis.

The dependence on foreign markets, in terms of overnight stays, was highest in Greater Lisbon (83.2% of the total), followed by Madeira (79.5%) and the Azores (76.6%).

Conversely, the Alentejo and Central regions showed lower dependence on foreign markets (30.7% and 36.1%, respectively).

Algarve

The Algarve was the region with the highest concentration of overnight stays between July and September (29.8% of the total), followed by Greater Lisbon (20.6% of the total) and the North (17.5%).

In the third quarter, both resident and non-resident overnight stays occurred mainly in the Algarve (27.8% and 30.7% of the total, respectively).

Cre: The Portugal News