SYNTHESIS INE@COVID-19, 3-Nov-2021

November . 03 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 4/16 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt • Domestic travel accounted for 96.9% of the total, which is more than 10 percentage points (p.p.) above the figure recorded in the 2 nd quarter of 2019 (85.2%); • Conversely, trips abroad decreased, standing at 111.7 thousand (3.1% of the total; 14.8% in the 2 nd quarter of 2019); • Leisure, recreation, or holidays was the main motivation for travelling (1.7 million trips, +65.1% year-on-year and -35.8% compared to the 2 nd quarter of 2019), followed by Visiting family or friends (1.4 million trips, representing rates of change of +110.8% compared to the same quarter of the previous year and -31.5% compared to the same period of 2019); • Free private accommodation remained the main choice of residents for their overnight stays, with 76.8% of the total, while Hotels and similar registered 16.5%; • Each resident tourist stayed, on average, 5.17 nights (-20.1% year-on-year). The highest average length of stay was recorded in the trips during June (5.84 nights). Overnight stays spent by tourist during trips, by month 9.70 6.64 5.46 5.09 4.31 5.84 0.00 2.50 5.00 7.50 10.00 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 2020 2021 No. nights More information is available at: Tourism demand of residents – 2 nd quarter of 2021 (27 October 2021) Bank appraisals went up to €1,236 per square metre The median bank appraisal value in September 2021 was €1,236 per m 2 , up €15 from the previous month. The largest increase concerning the previous month was registered in Região Autónoma da Madeira (1.8%) and Região Autónoma dos Açores presented the only decrease (-0.9%). In comparison with the same period of the previous year, the median value of bank appraisals rose by 9.6% (8.2% in August). Also in this case the highest and the lowest rate of change were registered, respectively, in Região Autónoma da Madeira (10.4%) and Região Autónoma dos Açores (4.3%).