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The bad news: tourism is slowing down. The question: is it a catastrophe? The answer: “No”.
Expresso, 28th of November, 2018
After five years of “exceptional growth” for hotels, during which overnight stays surged by 45% and revenues by 83%, tourism in Portugal is starting to show signs of slowing down in 2018. This is “inevitable but normal, after almost doubling the sector’s revenue” – this is the starting point of a study by BlueShift, a hotel consulting and management company, which models the evolution of demand and supply for the next triennium and its direct impact on the profitability of companies in the sector.
You can access the online version here.
