Local lodging registrations see a "more moderate growth"

in News · 22-04-2019 07:23:00 · 0 Comments
Local lodging registrations see a "more moderate growth"

Local lodging establishment registrations in Portugal have registered a "more moderate growth" during the first quarter of this year, compared to the same period last year.

Lisbon saw a decrease of 60 percent in the number of establishments signing up as local lodging.

Portugal’s Local Lodging Association ALEP said the slowing is “a sign of market maturity”, and “an adjustment that was expected where supply growth is more in line with demand”.


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