Overseas tourists boosting Algarve

in Algarve · 24-01-2020 01:00:00 · 1 Comments
Overseas tourists boosting Algarve

The Algarve surpassed the 20 million overnight stays in tourist accommodation establishments between January and November 2019, according to the National Statistics Institute (INE).

For the third year in a row, the Algarve is the only region in the country to reach 20 million overnight stays in a year and the region is
preparing to reach new annual maximums in overnight stays, guests and hotel revenues, as well as in passenger numbers and golfers.
In November, the Algarve tourist accommodation - which in the definition of INE includes hotels, local accommodation with 10 or more beds and tourism in the countryside / housing - registered about 203,000 guests (12.1 percent more than in the same month of the previous year) and 789,000 overnight stays (+ 7.8 percent). Overnight stays from residents increased by 17.8 percent and non-residents overnight stays by 5.9 percent, led by the United Kingdom (+ 5.7 percent), Germany (+ 10.5 percent), Spain (5.7 percent), USA (+ 22.1 percent) and Italy (+ 40.4 percent). The average stay was 3.89 nights and the net occupancy rate was 27.4 percent.

Also in November, total accommodation income in the Algarve increased by 10.6 percent to €32.3 million. Average income per available room (RevPAR) increased 6.4 percent to €17.4 and average income per room occupied (ADR) reached €49.8 (+ 4.6 percent).
The results have been welcomed by the president of the Algarve Tourism Region, João Fernandes: “Particularly significant was the increase in the domestic market, which by November has already surpassed the annual record of overnight stays in the region that had previously been reached in 2018. I also note the growth of overnight stays over the high season, exceeding 100,000 overnight stays, all pointing to 2019 being another year of seasonality reduction, which since 2015 has seen a positive evolution in the destination”, he concludes.
Since the beginning of the year, the Algarve has accumulated 4.9 million guests (+ 7.3 percent compared to 2018) and 20.4 million overnight stays (+ 2.4 percent). Total revenues in the first eleven months of the year amounted to €1.2 billion (+ 7.2 percent).
During the same period, the Algarve Golf Association member golf courses recorded 1.29 million rounds (+ 1.4 percent) and Faro airport handled 8.7 million passengers (+ 3.7 percent).



Comments:

Hope this rise doesn't ruin the beauty.
Please add me to your mailing list. I'm moving to Vilamoura in September Eu Algarve

By Marcus Dagan from USA on 26-01-2020 03:23
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