Article - Portugal Hotels & Chains Report 2023 - By José Gil Duarte - Over the last year, a remarkable post pandemic resurgence is evident. Robust demand has propelled most markets to exceed pre-pandemic levels, allowing for unprecedented rate increases that have pleasantly surprised property owners.
Portugal is about to terminate its Golden Visa program, resulting in the impending closure of the preferred pathway for investors to acquire a permanent.
March saw 1.6 million guests staying in Portuguese hotels, a number higher than in the same period last year, however the average price per room was up to 74.3.