What are the Airbnb trends in Portugal?
- Portugal Business News - Valerie Charoux
- Dec 15, 2023
- 1 min read
Portugal real estate news - What are the Airbnb trends and growth rates in Portugal? What is the ranking of the main municipalities and cities for tourist accommodation including Airbnb accommodation in Portugal?
Here are the Airbnb trends and growth rates in Portugal for October 2023:
Airbnb accommodation in Portugal is called Alojamento Local (AL) and the figures for October 2023, that were just published by the Statistics Office INE, show high growth rates.
Airbnb accommodation in Portugal registered a growth of 22.6% in total revenue, and of 22.9% in income per room in October 2023 when compared to the same period in 2022. The income per room (Proveitos de aposento) figures are the amounts charged for overnight stays made by all guests.
The growth in Airbnb revenue in Portugal was 57.2% in total revenue in October 2023 when compared to October 2019. The growth in Airbnb income per room was 57.4% in October 2023 when compared to October 2019.
There was also a growth of 9.6% in average yield per occupied room (ADR) in October, and a growth of 9.0% in ADR in September for Airbnb accommodation (Alojamento Local) in Portugal.
This is the ranking of the main municipalities and cities for tourist accommodation including Airbnb accommodation in Portugal:
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