Hotel and similar establishments hosted 1.5 million guests and 4.0 million overnight stays in March 2018, figures that relate to year-on-year change rates of +11.6% and +10.3%, accelerating when compared with February (+6.5% and +6.2%, respectively). Overnight stays of the internal market stood out with a 16.3% increase (after +7.9% in February) while those of the external markets (72.6% share) grew by 8.2% (+5.5% in the preceding month).
The average stay (2.64 nights) decreased by 1.1% (+4.7% in the case of residents and -3.2% for non residents). The net bed occupancy rate (43.0%) increased by 2.8 p.p.
The reinforced increases in overnight stays had, naturally, an effect on revenue, with total revenue having increased by 17.5% (+10.9% in February), ascending to EUR 220.5 million. Revenue from accommodation increased by 21.1% (+11.5% in February) ascending to EUR 157.2 million.
These results were influenced by the calendar effect of the Easter period, with repercussion at the end of March.