In November 2023, the tourist accommodation sector accounted for 1.9 million guests (+9.2%) and 4.6 million overnight stays (+7.5%), generating EUR 329.4 million in total revenue (+13.3%) and EUR 243.5 million in revenue from accommodation (+13.2%). Compared to November 2019, increases continue to be more significant, +43.2% in total revenue and +46.8% in revenue from accommodation.

The revenue per available room (RevPAR) stood at EUR 43.0 (+7.6%; +13.9% in October) and the average daily rate (ADR) amounted to EUR 91.9 (+5.2%; +10.5% in October). The ADR reached its highest value in AM Lisboa (EUR 127.1), followed by Norte (EUR 84.6) and RA Madeira (EUR 81.3). 

Among the most significant municipalities in terms of the total number of overnight stays, Albufeira (share of 6.0%) once again stood below the levels observed in 2019 (-6.0%), after having surpassed, in October, this level for the first time since the beginning of the pandemic (+1.5% compared to October 2019).

In the period from January to November 2023, the total number of overnight stays increased by 10.8% (+1.6% for residents and +15.3% for non-residents), which corresponded to increases of 20.4% in total revenue and 21.6% in revenue from accommodation (+40.1% and +42.9%, respectively, compared to the same period in 2019).

Regarding all means of accommodation (tourist accommodation establishments, camping and holiday camps, and youth hostels), there were 30.6 million guests and 80.9 million overnight stays from January to November 2023, corresponding to growths of 12.8% and 10.5%, respectively. The number of overnight stays spent by residents increased by 2.0% and those spent by non-residents grew by 15.1%.