In February 2024, the tourist accommodation sector accounted for 1.8 million guests (+7.0%) and 4.3 million overnight stays (+6.4%), amounting to EUR 276.4 million in total revenue (+13.0%) and EUR 202.1 million in revenue from accommodation (+13.1%).

The average revenue per available room (RevPAR) stood at EUR 37.8 (+4.5%) and the net bedroom occupancy rate (ADR) amounted to EUR 83.8 (+6.0%). The ADR reached its highest value in Grande Lisboa (EUR 107.8) and RA Madeira (EUR 85.6). 

In February, the municipality of Lisboa concentrated 24.3% of all overnight stays (12.1% of all overnight stays of residents and 30.3% of non-residents). Among the municipalities with the largest number of overnight stays in that month, the highlights were Lisboa and Porto, which grew by 8.3% and 10.5%, respectively.

In the accumulated period from January to February, overnight stays totalled 7.7 million and grew by 3.3% (+0.3% regarding residents and +4.9% considering non-residents), corresponding to increases of 11.2% in total revenue and 10.8% in revenue from accommodation.

In February, considering all means of accommodation (tourist accommodation establishments, camping and holiday camps, and youth hostels), there were 1.8 million guests and 4.6 million overnight stays, corresponding to increases of 6.6% and 5.8%, respectively. Overnight stays spent by residents increased by 2.7% and those from non-residents grew by 7.4%.

These results were influenced by the calendar’s moving structure, i.e., by the fact that 2024 is a leap year and, as such, the month of February has 29 days this year, one more than in 2023.