Total revenue from tourist accommodation up 11% to 506.7 ME in February

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Total revenue from the tourist accommodation sector grew by 11.2% and revenue from accommodation increased by 10.8% year-on-year until February, reaching 506.7 million euros and 367.5 million euros, respectively, INE announced.

According to the National Statistics Institute (INE), in the accumulated period from January to February, overnight stays reached 7.7 million and registered a year-on-year growth of 3.3% (+0.3% for residents and +4.9% for non-residents).

The statistical institute points out that these results “were influenced […] by the fact that 2024 is a leap year and, as such, the month of February this year has 29 days, one more than in 2023”.

Iris Lavan
Iris Lavan
With a background as a consultant in the medical industry, Iris Lavan brings a wealth of knowledge and expertise to Portugal Pulse. Iris also runs a company in Tel Aviv offering marketing, business development, content creation and public relations services. She holds a degree in economics and management, giving her a solid grounding in business strategy and financial planning. Iris' commitment to Portugal Pulse is reflected not only in her consulting career, but also in her impact on the Portugale media landscape in Israel. She was an interviewer for Hadshot Portugal חדשות פורטוגל, a media outlet that broadcasts news about Portugal in Hebrew, where she provided valuable information on current affairs, healthcare and the economy. Since July 2023, Iris has also been part of the Portugal Pulse team.

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