“Local accommodation is experiencing a period of great demand. Our occupancy rate in Portugal is higher than our global average. In Portugal we have mainly received foreign guests, but we also continue to receive many Portuguese,” says Rui Silva, Managing Director of GuestReady in Portugal and Spain.
According to the official, in July, the global average occupancy rose 25% compared to the same month of 2019, and Portugal represented a third of the more than 16,000 reservations managed by GuestReady in the more than 30 cities where the company is present.
Currently, the company manages more than a thousand properties across Portugal, mostly in the north, and between July 2019 and July 2022, it reported a 350% growth in its portfolio in the Portuguese market.