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International tourist numbers to Portugal have surged by 13% between January and July, meaning 2017 could be another record breaker for visitor numbers.
Portugal was in financial crisis during 2011-14 and tourism has played a key part in helping the country to recover – economic growth is expected to accelerate to over 2% this year.
All travel-related and hotel revenues account for around 10% of Portugal’s domestic income, with the tourism sector also a key source of employment for the country.
More than 7.1 million foreign visitors stayed in Portuguese hotels during July, which helped push up total hotel revenue by 17%, generating up to £1.6 billion.
The level of arrivals into Portugal outpaced those recorded in Spain, which saw an 11% rise in the same period, according to official Spanish data.
August is traditionally the most important month for Portuguese tourism, with the summer sun attracting proving popular with many British travellers.
Some of the lowest prices for food and attractions can be found in Portugal, making it hugely attractive for travellers looking to stay on budget.
This was also a reason for Portugal being named Europe’s top destination for expatriates in a survey by social network InterNations.
Both the tourist arrivals and revenues this year have maintained the level of growth that was recorded in 2016, when tourist arrivals surpassed the record-breaking figure of 10 million.
In total, Portugal welcomed a record 60 million visitor’s last year, which was a 1.7% rise on the number recorded in 2015.
Over the course of the last year, Portugal has opened numerous new hotels and hundreds of old apartment buildings in Lisbon have undergone redevelopment to make the area more appealing to tourists.
If you’re thinking of travelling abroad this year, be sure to organise your European travel insurance in advance.
Date Created: 18/09/2017