The tax levied on tourists by hotels and accommodation raised €21.4 million of which €13.6 million was from Lisbon. The amounts represent a 61% increase like-for-like on 2022 while they revenues [...]
The Portuguese Hotel, Hospitality and Tourism Association (APHORT) has become a member of HOTREC, the confederation that represents the voice of the hotel sector, restaurants and tourism sector [...]
In the first four months of the year investment in tourism assets stood at €20 million. Despite the year getting off to a slow start, consultants insist that overseas investors have the appetite [...]
Portugal’s tourism sector saw revenues grow by 60.3% in February like-for-like on 2022, posting 1.7million guests (+33%) and 4 million (+38.5%) overnight stays. Total revenues stood at €245.7 [...]
High inflation and dearer hotel rooms and plane tickets don’t seem to be putting off overseas tourists which began flooding into Portugal on Thursday and Friday to enjoy an Easter break with fine [...]
The Vila Galé hotel group has launched the first of a round of hotel inaugurations expected for 2023, starting with the Monte do Vilar in Beja on Saturday. In addition to the four hotels that the [...]
The Portuguese hotel group DHM closed 2022 with a record turnover of €75 million. DHM (Discovery Hotel Management) which is held by the fund Discovery saw turnover up 36% on 2019 and forecasts [...]
The Government’s decision to slash VAT on essential food items to ease the cost of living crisis will not be enough to reduce the price of meals served in the restaurant and hotel sectors. The [...]
Members of the American Club of Lisbon (ACL) joined investors and business representatives to learn about the Martinhal Residences from Martinhal Family Hotels and Resorts CEO and Co-founder [...]
The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]