The positive outlook for domestic and inbound tourism flows is expected to sustain the growth of the lodging industry in Portugal over the coming years, with several new hotels in the pipeline and continued expansion in the short-term rental market, though at a slower rate than in the past. Investment in innovative technologies, such as advanced online reservation systems, mobile customer service applications, and process automation, will create opportunities for hotels to enhance operational efficiency and improve the guest experience, thereby adding value to their offerings.
Despite the optimistic outlook, the lodging industry in Portugal will face several challenges in the coming years. One of the primary challenges will be maintaining the growth in Revenue per Available Room (RevPAR) to offset the anticipated rise in operational costs, particularly in terms of employee wages and energy expenses.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Portugal with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Portugal, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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