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Almost 800 million euros in revenue came into the Algarve during the first eight months of the year, putting the region on track to having the best year ever since records began.
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The Algarve Tourism Association (RTA) is looking to promote the Algarve as a gastro tourism destination to further broaden the appeal of the region throughout the year and to a new niche of tourists who may have previously not considered a break in the Algarve.
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Irish budget airline Ryanair announced on Tuesday that it will be investing around €100 million to create 12 new routes in Portugal for the summer of 2019, from all of its national bases.
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The price of property in the Algarve, Portugal’s southern region, have risen by some 6% during the third quarter of 2018 according to the Idealist Price Index.
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The Web Summit, the world’s biggest technology and entrepreneurship event, will continue being held in Lisbon until 2028.