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Portugal hotels bouncing back

Profile Photo By: Steve Shellum
February 16, 2017

Portugal hotels bouncing back

Lisbon, Portugal – 16 February 2017 – 
The number of foreign tourists visiting Portugal soared nearly 13 percent last year to exceed 10 million for the first time, helping the recovery of a still fragile economy as the country enjoyed a sixth straight record year for tourist arrivals.

Tourist arrivals and all travel-related revenues account for about 10 percent of Portugal’s gross domestic product. The tourism sector is also a key source of employment.

Preliminary data from the National Statistics Institute showed that almost 11 million foreign

residents stayed in Portuguese hotels last year after 9.7 million in 2015. … Read More

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