Hotels in the Algarve recorded an overall average occupancy rate of 72.7% in May, the highest rate for this month in the last 22 years, the largest hotel association in the country’s southern region announced today.
According to provisional data published today by the Algarve Hotel and Tourism Development Association (AHETA), the Algarve in May exceeded the values recorded in that month for occupancy per room since 2001, when it reached 70.7%.
Occupancy per room in the fifth month of the year was 2.8 pp (percentage points) higher than in the same month of 2019 (the last year before the covid-19 pandemic) and 5.1 pp higher than in 2022.
According to AHETA’s monthly summary of hotel developments, compared with the same month in 2019, the markets that contributed most to the increase recorded were Irish with +2.6 pp and North American with +0.7 pp.
The German market, with -1.3 pp, and the domestic market, with -1.0 pp, were the markets that most countered the rise observed, again compared with May 2019.
By geographical area, the biggest increases compared with 2019 were recorded in Tavira (+8.7 pp) and Lagos/Sagres (+2.4 pp).
Albufeira, the Algarve’s main tourist zone, recorded a decline of -2.4 pp (-3.1%).