Portugal performed above the European average in 2024, taking on the role of driving the eurozone economy.

The Christie & Co consultancy has just released ‘Portugal Hotel Market Snapshot - 2024’, a report on the hotel market in Portugal.

The preliminary tourism results for 2024 show record highs in Portugal, both in the number of overnight stays and in the number of guests

Development of training/employment programmes to welcome, qualify and integrate migrants into the tourism sector.

Tourism's upward trend continues, with overnight stays growing by 3.7% between January and October.

Portugal is hosting the 2030 World Cup and expects an impact of more than 800M€ and an increase in tourism revenue.

According to the latest study by Cushman&Wakefield, foreign investment in Portugal grows in 2024.

In the first half of 2024, overnight stays grew by 4.5% to 35.5 million, resulting in increases of 12.3% in total revenue and 12.1% in revenue from accommodation. This increase was mainly due to overnight stays from non-residents, which grew by 5.8 per cent, while overnight stays from residents grew more modestly (+1.4 per cent). Source: INE ( www.ine.pt )

In Europe, it is Lisbon's hotels that have appreciated the most over the last decade.