In January 2023, the tourist accommodation sector accounted for 1.5 million guests (+72.5%) and 3.5 million overnight stays (+74.5%), corresponding to EUR 212.4 million in total revenue (+99.0%), and EUR 153.9 million in revenue from accommodation (+102.3%). Compared to January 2020, when no effects of the pandemic were yet observed, there were increases of 21.6% in total revenue and 24.0% in revenue from accommodation.
The revenue per available room (RevPAR) stood at EUR 29.0 and the average daily rate (ADR) amounted to EUR 78.4 (+86.2% and +17.7% when compared to January 2022, respectively). Vis-à-vis January 2020, the RevPAR increased by 16.6% and the ADR grew by 16.7%.
In January, among the municipalities with greater representation in terms of the total number of overnight stays, Albufeira stands out, which continued to register a reduction in overnight stays compared to 2020, both from residents (-17.5%) and non-residents (-9.9%).
Considering all means of accommodation (tourist accommodation establishments, camping and holiday camps, and youth hostels), in January 2023, there were 1.5 million guests and 3.8 million overnight stays, corresponding to increases of 70.4% and 70.0%, respectively. Compared with January 2020, the number of overnight stays increased by 6.4% (+6.5% concerning residents and +6.3% regarding non-residents).