Portugal Tourism Analytics

Tourism statistics relevant for vacation rental investments

Tourist Arrivals

2,024,822

Annual number of tourist arrivals

Tourism Revenues

$3.4K

Annual tourism revenue

Tourist Arrivals

Annual number of tourist arrivals

Tourism Revenues

Annual tourism revenue

Additional Insights

Expert analysis of Portugal Tourism trends and investment implications

Market Overview

Portugal's tourism sector shows promising potential for short-term rental (STR) investments, driven by steady tourist arrivals and increasing tourism revenues. However, investors must navigate seasonal fluctuations and regulatory considerations to optimize occupancy and returns.

Key Findings

Data-driven insights

•Tourist arrivals reached over 2 million, indicating strong demand potential for STRs.
•Tourism revenues totaled 3,374.65 USD million, highlighting economic significance.
•Tourist numbers peak during June-August, suggesting limited off-peak demand.
•The tourism sector contributes significantly to Portugal's GDP, indicating potential vulnerability to economic shocks.

Market Trends

Historical patterns

•A consistent upward trend in tourist arrivals over the past decade, suggesting growing demand.
•Tourism revenues have shown a CAGR of approximately 5% over the last 20 years, reflecting a robust sector.
•Increased diversification in tourist origins, with a growing number of non-European visitors.

For Investors

Actionable takeaways

•Focus on properties in Lisbon and Porto for higher occupancy rates due to year-round tourism.
•Consider STRs in Algarve for peak season profitability, but plan for lower off-season occupancy.
•Monitor regulatory changes closely, as they could impact Airbnb operations and profitability.
•Diversify investment portfolios to mitigate risks associated with economic dependency on tourism.

Market Context

Portugal's tourism industry is a vital pillar of its economy, with strategic importance for both national and local markets. The ongoing growth in tourist arrivals and revenues offers substantial opportunities for property investors, though regulatory and seasonal challenges must be managed effectively.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.