More than four out of ten enterprises follow the trend of leisure tourists and choose Local Lodging for company travel, as revealed in a recent study by the Travelstore American Express. The survey shows that businesses are increasingly confident and express willingness to invest more in travel to Portugal over the course of 2018.
60% of the buildings currently used in Local Lodging were previously uninhabited according to a recent study issued by the Portuguese Hotel Association (AHRESP). Only a minority served as long-term leases to locals. The report also concluded that 56% of the “AL” buildings in Northern Portugal were formerly unoccupied. In the centre, the percentage of empty dwellings was 47% and in the Alentejo, 55%. The Algarve, Madeira and the Azores are still under analysis.
Five million households have two months ending 31 May to submit their “IRS” income tax return for 2017. The reporting period began on 01 April with more than 260,000 taxpayers presenting their online declaration on day one. (Keep in mind that paper forms are no longer available and that all reporting must be done online via the “AT” portal).