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Revenue increased but with slight reduction in overnight stays
Tourism activity
Revenue increased but with slight reduction in overnight stays - February 2019
15 April 2019

Summary

The tourism accommodation sector registered 1.4 million guests and 3.3 million overnight stays in February 2019, corresponding to year-on-year rates of change of +2.9% and -1.0%, respectively (+6.4% and +4.5% in January, in the same order). Overnight stays of residents declined by 2.6% (+6.0% in January) and those of non-residents reduced slightly (-0.2%; +3.9% in January). These results are influenced by a base effect of last year’s Carnival, in February.
In February, the average stay (2.42 nights) declined by 3.8% (-2.5% as regards residents and -5.5% for non-residents).
The net bed occupancy rate (33.5%) decreased by 1.5 p.p. in February (+0.1 p.p. in January).
Revenue slowed down, with total revenue increasing by 4.4% (+8.8% in January) and reaching EUR 172.0 million. Revenue from accommodation (EUR 119.8 million) grew by 2.8% (+8.1% in January).


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