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.
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Owners returning to traditional rentals
Since the Local Lodging boom began in 2008, small property owners are returning in increasing numbers to traditional long-term rentals. Numerous factors are pushing this…
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Thousands of tourist pools uncontrolled
Inspections and audits of aquatic facilities in tourist resorts continue to be lacking more than a year after the latest legislation was passed. In question…
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Airbnb contributes 1% to Portuguese national wealth
3.4 million tourists who visited Portugal in 2018 were housed in Airbnb accommodations. The US company reports that these visits had an impact on the…
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Airbnb promotes luxury
The holiday let reservation platform has added “Airbnb Luxe” to its options. The new category makes available luxury accommodations and associated premium services, such as…
