Local Lodging has the potential to unlock untapped financial resources from home ownership. Three out of four Portuguese nationals own their own homes (74.9%). Portugal ranks well ahead of many wealthy countries in Europe and around the world in home ownership: Sweden (70.6%), the Netherlands (67.8%), Canada (67.9%), USA (64.5%), France (65%), UK (63.5%), Germany (52.5%) and Switzerland (44.5%). Accentuating these statistics is the fact that multiple home ownership is commonplace in Portugal.
Home Ownership in Portugal: “Land rich, cash poor”
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Local Lodging falls sharply nationwide
Local Lodging is on the decline across the country with new registrations dropping by 43% when compared to the same period last year. According to…
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Local Lodging: Lisbon can accommodate 102,00 holidaymakers
As compared to hotels, “AL” already has twice the capacity to receive tourists in Lisbon. In the nation’s capital which has 500,000 inhabitants, Local Lodging…
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Hybrid lets
Question: I have a local lodging unit that I have only been able to let during the high season. Now I have a potential tenant…
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Coming to a close…
Since NALLE started to offer its services in February 2015, the Local Lodging industry has undergone profound changes. A small business sector which started out…
