“The indicators on one of the sectors most affected by the pandemic, which was tourism, are extremely positive”, said Miguel Albuquerque.
He added that the values are "higher than any month of August in the history of tourism in Madeira" and exceed those considered the best results in the sector, recorded in 2017 and 2019.
The island governor stressed that this data indicates that “a new cycle of economic and social recovery has already started” in this region.
Albuquerque pointed out that there were increases in the “Revpar price (gains per hotel room) in relation to 2019”, mentioning that in this indicator there are increases in the order of 20 to 23 percent.
Without giving numbers, he emphasised that there were also increases in occupation and total income, which, in his opinion, "means that the strategy adopted to safeguard and give credibility to the region as a safe destination is having its effects in this recovery".
"It also means that the strategy of not lowering prices in the sector, was extremely significant and important," he added.
Dear PN Team,
Thanks for providing weekly news updates.
Could I have the contact details of Mr Miguel Albuquerque as I would like to discuss a matter concerning purchase of property there.
Thanks & regards,
By H. Dadlani from Other on 21 Oct 2021, 06:53