PORTUGAL'S TOURISM REVENUES IN MARCH GREW 45% AND SURPASSED PRE-PANDEMIC LEVELS

HOME

Weekly Travel News

PORTUGAL'S TOURISM REVENUES IN MARCH GREW 45% AND SURPASSED PRE-PANDEMIC LEVELS

PORTUGAL'S TOURISM REVENUES IN MARCH GREW 45% AND SURPASSED PRE-PANDEMIC LEVELS Andrea Hausold - May 17, 2023 0 Listen to this article 00:02:30 Your browser doesn’t support HTML5 audio

According to the National Institute of Statistics (INE), Portugal's tourism industry earned 338 million euros in March, a 45.1% increase from the same month in 2022. Compared to March 2019, before the pandemic, the sector grew by 36.2%.

Income from accommodation reached 250.9 million euros, an increase of 49% over the same period of the last year and 40.1% compared to the pre-covid period.

In the first quarter, total income grew by 61% (to €793.6 million), and room income increased by 64% (to €582.6 million). Compared to the same period in 2019, the increases were 35.5% and 39.9%, respectively.

According to INE, the average income per available room (RevPAR) was 43.5 euros, and the average income per occupied room reached 87.7 euros. This is an increase of 39.7% and 18.6% compared to March 2022 and 28.9% and 23.2% compared to March 2019, respectively.

By region, the highest RevPAR was recorded in the Lisbon Metropolitan Area (up 50% to 75.6 euros), followed by Madeira (up 43.1% to 64.3 euros). In the case of income per occupied room, the trend is the same: Lisbon leads (112.7 euros, up 23.2%), followed by Madeira (87.4 euros, up 21.2%).

In the reviewed month, the Lisbon Metropolitan Area generated the highest revenue (€129.5 million, 38.3% of the total) among all regions. However, the INE report points out the significant growth of the Azores and Madeira regions compared to March 2019, with revenue increase from €48.1% and €59.6% to €8.5 million and €47.4 million, respectively.

Lisbon had an outstanding performance in the quarter, with 82.2% year-on-year growth, resulting in 300 million euros of tourism revenue.

Related articles destination DISCOVERING THE HIDDEN GEMS OF PORTUGAL'S COASTLINE hospitality HOTEL SECTOR IN PORTUGAL - REVENUES WENT UP 24% destination TOP 5 LESS-KNOWN TRAVEL DESTINATIONS IN PORTUGAL Comments Add Comment

• {{message}}

{{#errors}}
• {{error}}
{{/errors}}

Afghanistan Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia & Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominican Republic East Timor Ecuador Egypt El Salvador Eritrea Estonia Ethiopia EU Faroe Islands Fiji Finland France French Polynesia Gabon Gambia Georgia Germany Ghana Global Greece Greenland Grenada Guaedloupe Guam Guatemala Guernsey Guyana Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kurdistan Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Maledives Malta Marshall Islands Martinique Mauritania Mauritius Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Other Other Other Other Other Other Other Pakistan Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Kitts and Nevis Saint Vincent & the Grenadines Samoa (American Samoa) Samoa (Western Samoa) San Marino Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Somalia South Africa South Korea Spain Sri Lanka St Martin Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syria Taiwan Tanzania Thailand Tibet Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine UNESCO United Arab Emirates United Kingdom UNWTO Uruguay USA Uzbekistan Vanuatu Vatican Venezuela Vietnam Virgin Islands (British) Virgin Islands (U.S.) Yemen Zambia Zimbabwe

DON'T MISS destination CANADA'S TOURISM EXPECTS A SIGNIFICANT REBOUND THIS YEAR sustainable ITALIAN REGIONS ARE PREPARING FOR A TOURIST RUSH THIS SUMMER Marketing TOURISM PROFESSIONALS CAN BENEFIT FROM INSTAGRAM'S VISUAL CONTENT security HEALTH RESTRICTIONS: WHERE DO TRAVELERS STILL NEED A COVID-19 TEST? LATEST REVIEWS Tourism Review Online Magazine 1 / 2022 Tourism Review Online Magazine 1 / 2021 Tourism Review Online Magazine 1 / 2020