Fall In Tourism Causes the Azores Losses of 400 Million Euros
Between March 2020 and February 2021, overnight stays in the Azores fell from 3,039,571 to 683,658, losing a total of 2,355,913 overnights.
Housing Rental Costs Up By 1.6% Year-on-Year in February
The data regarding the Consumer Price Index (CPI) for the month of February was published Wednesday by Portugal’s National Statistics Institute (INE).
World Travel Awards Honour Algarve, Lisboa and Madeira
2 December 2020 – According to an announcement by Portugal’s Ministry of Economic Affairs, Madeira, Lisbon and Algarve won awards at the World Travel Awards as the best island destination, best ‘city break’ and best beach destination, respectively. The region of Madeira held on to its position, which it had already won the year before. […]
Hilton Moves Ahead With Three More Hotels in Portugal
2 December 2020 – The international hotel group Hilton will move ahead this year with three new projects in Portugal. The units will open in Cascais, Porto and the Azores, in an 80-million-euro total investment. Even the pandemic has failed to put an end to Hilton’s plans to expand in Portugal, with the group planning […]