In a statement, the Association of Hotels and Tourist Enterprises of the Algarve (AHETA) said that the average global occupancy rate per room was 28.6 percent, that is, 45.8 percent below the value verified in 2018, “being by far the lowest record ever for the month of March”.
The markets that most contributed to the decline were the national market (54.5 percent less), the German market (51.7 percent less) and the British market (48.9 percent less), quantifies AHETA.
In March, sales volume decreased by 29.8 percent and since the beginning of the year the occupancy rate per room registered an average decrease of 13.8 percent, together with a drop in sales volume of 1.4 percent, adds the association.
During the month of March, “about 60 percent of the available supply closed due to the Covid-19 pandemic”, a growing trend after the first two cases in Portugal were reported on 2 March and, on 8 March, the first in the Algarve.
“About 10 percent closed on 1 April, while most of the remaining offer was getting ready to do so”, concludes AHETA.