SYN THESISINE@COVID-19, 23-Dec-2021

December . 23 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 8/20 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Revenue In October 2021, with 24.2% of tourist accommodation establishments closed or with no guests handled (20.5% in September): • The total revenue in tourist accommodation establishments amounted to EUR 332.9 million and 245.9 million euros in revenue of accommodation, which corresponds to more than double compared to October 2020; • Compared to October 2019, the total revenue decreased by 14.9% and the revenue of accommodation decreased by 15.2%; • Algarve concentrated 28.5% of the total revenue and 27.0% of the revenue of accommodation, followed by Área Metropolitana de Lisboa (28.2% and 30.3%, in the same order) and Norte (15.5% and 15.9%, respectively). In the first ten months of 2021, concerning revenue: • Compared to the same period in 2020, increases of 45.9% in total revenue and 47.8% in revenue of accommodation; • Compared to the same period in 2019, decreases of 49.1% in total revenue and 49.0% in revenue of accommodation. More information is available at: Tourism activity – October 2021 (15 December 2021) Total revenue of tourist accommodation establishments 332,884 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 10 3 € January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October 2019 2020 2021