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For the third consecutive year, Portugal has been named the World’s Leading Destination at the World Travel Awards (WTA), which took place in Muscat, Oman last week.

The Municipality of Lagos has once again submitted an application for the ECOXXI environmental award and was represented at the awards ceremony in Lousã.

Almost 25 million guests, over 66 million overnight stays and €3 billion in overnight income: 2018 was a record-breaking year for tourism in Portugal.

The German real estate investment company Patrizia has available between 300 and 500 million euros to invest in Portugal and Spain already next year.

It’s been an interesting year for the Algarve’s tourism market. Despite a drop in overall tourist numbers, the region registered record occupancy rates earlier this year (read more here).

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