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Sonae Accounted For 3 7% Of Portugal s GDP In 2022, Study Finds

Sonae, which owns the food retail chain Continente, accounted for 3.7% of the Portuguese gross domestic product (GDP) in 2022.

1,030 new hotels would be needed to cover holiday rentals

To accommodate all tourists who stay in local accommodation units (AL), it would be necessary to build 1,030 hotels across the country.

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