Despite the drop in the number of overnight stays, revenue increased, with total income exceeding 287.7 million euros, 4% above the same period last year, while income from accommodation grew 3.4% to 208.8 million.

According to data released by the National Statistics Institute (INE), overnight stays by residents registered a decrease of 0.8%, after increasing 11% in January, reaching 1.4 million. Overnight stays by non-residents decreased by 3.3%, which compares to a positive variation of 3.9% in January, totalling 2.8 million.

The INE explains that this evolution is explained “by the structure of the calendar, that is, on the one hand, by the effect of the holiday period associated with Carnival, which this year occurred in March, while in the previous year it was concentrated in February”. On the other hand, the month of February this year had one less day than the previous year, since 2024 was a leap year, the national statistics office also notes.

Leading markets

In terms of markets, the UK market continues to lead, with 16.4% of total non-resident overnight stays, despite a 7.5% drop compared to the same month last year. Next comes the German market, with 11.2% of the total, and the Spanish market, with an 8.3% share.

In the group of the ten main issuing markets in February, the Polish market was the only one to register growth (+23.2%). In terms of decreases, the INE reports that the Brazilian market stood out with a drop of 18.9%.

In February, the INE noted that the regions recorded different developments in overnight stays, with the largest increases being recorded in the Setúbal Peninsula (+7.8%) and in the Autonomous Region of the Azores (+5.1%). The West and Tagus Valley recorded the largest decrease (-7.1%), followed by Greater Lisbon (-5.6%) and Algarve (-5.1%).

The average income per available room was 39.6 euros (+4.5%) and the average income per occupied room reached 87.9 euros (+4.9%).