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.
Majority of Local Lodging buildings were vacant
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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…
