Distributed between the mainland and Madeira Island, the more than 1,100 units of the local accommodation manager are close to full, with numbers gradually growing day by day and foreign tourism returning in greater force.
"Even in the face of this year's economic challenges, people are still looking for quality experiences and stays", says Rui Silva, general director of GuestReady in the Iberian Peninsula, quoted in a statement and reported by Dinheiro Vivo.
Although competition is "stronger", due to the total reopening of hotels, Silva anticipates "very positive" results for the weekend.
In the case of Lisbon, more specifically in the city centre, the occupancy rate already exceeds 90%, driven by Portuguese, French, Spanish, English, and North Americans.
Further north, in Greater Porto, the numbers are close to those of the capital, once again the national demand stands out, followed by the Spanish, Italian, French, British and Brazilian markets.
In the Madeira archipelago, where the company has managed dozens of local accommodation properties since November this year, occupancy is around 95%, with the majority of guests of Portuguese and British origin.
Stays are proving to be longer this year, with visitors preferring to stay between three and four days, and average spending is 20% higher compared to 2021.
Alojamento local do País a um passo de esgotar para a Passagem de Ano https://t.co/oDg96mKrNi pic.twitter.com/1F3sLwRBKo
— Dinheiro Vivo (@dinheiro_vivo) December 29, 2022