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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.
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The German real estate investment company Patrizia has available between 300 and 500 million euros to invest in Portugal and Spain already next year.
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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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The Portuguese government has recently announced its plan to revise the national Foreigners and Borders Service (SEF) to change the way that public services deal with immigration.
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Portuguese exports increased by 5.1%, totalling €57.8 billion, and imports grew by 8.1%, to €75.36 billion in 2018, according to Statistics Portugal (INE).
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