Prices for Local Lodging (“AL”) rose in the historic centres of Lisbon and Oporto during the first half of 2016 according to the “Confidencial Imobiliário Index”. The average cost of “AL” accommodations increased by 4.6% in the historic districts of Lisbon and 0.3% in the centre of Porto.
Airbnb announced that, since 01 May 2016, it has already delivered almost five million euros to the City de Lisbon from the collection of levies on holidaymakers. To date in 2017, the amount collected has been €3,100,000. Airbnb is the only internet hosting platform to collect the Tourist Tax (one euro per night per person) on behalf of the Lisbon City Council.