Lodging (destination) retail constant value sales will continue to recover throughout the forecast period, exceeding its pre-pandemic peak by 2024. Although inflationary pressure is likely to remain elevated during the early part of the forecast period, Portugal will remain attractive to international leisure travellers as a relatively low-cost destination, particularly in comparison to neighbouring Spain.
Regulation poses a threat to short-term rentals, and this is likely to intensify during the forecast period, amid allegations that they are making living in urban centres (particularly in Lisbon) unaffordable to locals. Tighter regulations on short-term rentals (namely licensing requirements) came into force in the capital during April 2022, and the municipal authorities in Porto are considering similar measures.
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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.
If you're in the Lodging (Destination) industry in Portugal, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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