Despite some uncertainty over economic conditions in the country in the short term, tourism flows are expected to continue rising, both domestically and inbound, fuelling lodging sales over the forecast period. After strong increases in unit prices in 2022 and 2023, growth in average daily rates and revenue per available room should slow as inflation is controlled.
With the goal of encouraging a change of houses from short-term rentals to the rental market, the government of António Costa introduced a series of measures in the “More Housing” package, which have generated controversy in the sector. One of them provides for the suspension of new short-term rental licenses in urban areas until 31 December 2030.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Portugal with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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