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INE presents 2017 “AL” statistics

According to the National Statistics Institute (INE)*, Portugal received 3.4 million Local Lodging guests in 2017 (+29%), and 8 million overnight stays (+26.7%), generating €263 million in total revenues (+27.6%). The number of overnight stays increased in all regions, most significantly in the Center (+42.3%), Greater Lisbon (+31.4%), Madeira (+22.5%) and the North (+25.2%). The average Local Lodging stay was 2.35 nights (-1.6%), with longer stays in Madeira (4.80 nights), Algarve (3.23 nights) and Lisbon (2.37 nights). Germany was the tourist largest market (+27.4%), followed by the French, British and Spanish (+22.3%, +20.9% and +31.5%, respectively). There were also significant increases from Poland (+79.8%), the United States (+64.8%) and Brazil (+54.6%).

*  INE only counts “AL” offerings with more than 10 beds. Following this criteria, there were only 2,663 “AL” establishments in Portugal in 2017. According to the Ministry of Tourism, “AL” registrations currently total over 85,000. While the INE numbers may be inaccurate, these statistics can still prove useful on a relative basis.

77% of Local Lodging offerings in the Algarve

According to latest estimates (February 2017), there are now over 33,700 Local Lodging establishments in Portugal. Of these, the overwhelming majority – more than 77% – are concentrated in the Algarve, according to “Confidencial Imobiliário”.

Lisbon upholds Local Lodging

The Lisbon Municipal Assembly rejected a motion to limit the number of Local lodging offerings in the country’s capital.  Both supply and demand for Local Lodging have increased in recent years putting pressure on conventional rentals. At the same time, tourism receipts have grown dramatically.

 

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