Tuesday, 27 February 2018

Portugal re-discovered

PORTUGAL is being re-discovered. The country ended last year with more than 15 billion euros in tourism revenue, which represents an increase of 23.6 percent over 2016, and a daily expenditure of 41 million euros. Tourism and travel revenues currently account for 10 percent of Portugal’s gross domestic product (GDP).

Both Lisbon and Porto are expanding to meet the increased demand with 61 new hotels and 23 remodeled hotels to be launched in 2018. Overall, Portugal’s two largest cities are expecting 4,770 new rooms, according to Association of Hoteliers of Portugal (AHP). In 2017, 44 new hotels were built in #Portugal, with a further 20 remodeled.


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