Holiday Lets On The Increase In March

Holiday Lets On The Increase In March

Home News Holiday Lets On The Increase In March
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There has been welcome news of increases across the board for holiday lets in Madeira Island of + 0.9% in overnight stays, + 8.0% in total revenues and + 10.1% in the income of the room.
The total number of overnight stays for the tourist accommodation in the month of March was approximately 648,000. Hotels accounted for 84.5% of overnight stays, decreasing by 0.7% year-on-year, while local accommodation recorded an increase of 8.3% in overnight stays

Unfortunetly there has been a decrease in the number of overnight stays of British and German tourists (-7.6% and -3.6%, respectively, compared to March 2017), while the French market showed an increase of 4.7% and the national market made a strong contribution to the increase + 21.7%.

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