In February 2023, the tourist accommodation sector accounted for 1.7 million guests (+33.0%) and 4.0 million overnight stays (+38.5%), corresponding to EUR 245.7 million in total revenue (+60.3%), and EUR 179.5 million in revenue from accommodation (+62.0%). Compared to February 2020, when significant effects of the pandemic crisis have not yet been observed in Portugal, there were increases of 26.4% in total revenue and 30.3% in revenue from accommodation.

The revenue per available room (RevPAR) stood at EUR 36.3 and the average daily rate (ADR) amounted to EUR 79.3 (+49.5% and +16.7% when compared to February 2022, respectively). Vis-à-vis February 2020, the RevPAR increased by 27.3% and ADR grew by 22.4%.

In February, among the municipalities with the highest representativeness in the total number of overnight stays, Albufeira stands out and continued to register a reduction in overnight stays compared to 2020 (-21.4%), both from residents (-31.1%) and non-residents (-19.3%).

In the first two months of 2023, total overnight stays grew by 52.9% (+27.2% in residents and +70.6% in non-residents), corresponding to increases of 75.6% in total revenue and 77.9% in revenue from accommodation. When compared to the same period of 2020, there were increases of 23.7% and 26.9%, respectively.

When considering all means of accommodation (tourist accommodation establishments, camping and holiday camps, and youth hostels), in the first two months of the year, there were 3.3 million guests and 8.1 million overnight stays, corresponding to increases of 47.6% and 50.7%, respectively. Compared to the same period of 2020, overnight stays grew by 5.7% (+4.2% concerning residents and +6.5% for non-residents).