We already know that Portugal is one of the most sought-after destinations in Europe during the Summer. And, even during the pandemic, it kept being desired by foreigners from many parts of the globe. Good food, accessible prices (compared to the rest of Europe), enviable temperature and beautiful beaches. Tourism in Portugal is definitely doing great!
According to a feature published on SIC Notícias website, the number of tourists in Portugal is already superior to that of 2019. Only in April, 2,4 million tourists have arrived in the country, especially in Lisbon. This means that tourism in Portugal has already fully recovered from the pandemic and may now sigh in relief after two uncertain years. The tendency persists: the greatest number of foreign guests in Portugal are British, followed by Germans and Spaniards.
It is not a secret that the results already obtained by LovelyStay and the expectations for this year are the greatest possible. We have talked about this previously. Read the full article in the link!
From January to May, we have had an impressive volume of check-ins, with more than 12.500 check-ins in the first 5 months of 2022 and an average occupancy rate of properties all over the country of 72%. In other words, even during the low season, we have managed to have a well over the average occupancy rate and made our properties profitable with well-defined strategies.
Following the trends, we are receiving a lot of Portuguese, French, American, Spanish, German and English guests, which confirms that the tourism sector in Portugal is back!
LovelyStay has been acting in the Tourist Accommodation market for over 7 years. With a large client portfolio, the company works with investors and property owners who want to make their properties profitable, be it in great centres or in the rural areas of the country. With offices in Lisbon, Porto and the Algarve, with a total of about 60 employees, the company provides professional and personalised services, offering complete and remote management, and even consulting to the most diverse themes, from construction to price dynamics management, from interior design to hospitality.
Translated by Joana Teixeira