The occupancy rate per room in Portugal increased by 2.6 pp, compared with January 2017, reaching 48%. According to the Hotel Association of Portugal, the tourist destination Madeira had the highest occupancy rate, in January, with 69%.
In second place was Lisbon (60%) and, third, Greater Porto (47%).
The ARR (average price per occupied quarter) was set at 71 euros, showing an increase of 11% over the same period of last year. In this indicator, categories four and five stars were the ones that grew the most: 11% and 10%, respectively.
In Madeira, in January 2018, hotels had an average price per room occupied of 65 euros, an increase of 11% over January 2017. The fourth occupancy rate and RevPar (average price per available room) showed growth of 2, 8 pp and 16%, set at 69% and 45 euros, respectively.
by Susy Lobato