The Portuguese hotel group DHM closed 2022 with a record turnover of €75 million. DHM (Discovery Hotel Management) which is held by the fund Discovery saw turnover up 36% on 2019 and forecasts [...]
The Government’s decision to slash VAT on essential food items to ease the cost of living crisis will not be enough to reduce the price of meals served in the restaurant and hotel sectors. The [...]
Members of the American Club of Lisbon (ACL) joined investors and business representatives to learn about the Martinhal Residences from Martinhal Family Hotels and Resorts CEO and Co-founder [...]
The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]
The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]
The Canadian developer Mercan says the government’s decision to end the Golden Visa programme threatens €425 million of investment. The company has 27 hotel projects in Portugal, and believes [...]
Portugal’s hotel sector, which was blamed for tens of thousands of staff leaving it during the Covid-19 pandemic because it paid notoriously bad salaries, increased them by between 15-20% in 2022 [...]
Portugal achieved another record in tourism revenues in 2022 from hotel bookings. Last year, partly on back of pent-up demand hanging over from the pandemic years of 2020 and 2021, was the best [...]
With five months to go before one of the Catholic Church’s biggest annual events – World Youth Day 2023 – which will be held in Lisbon and attended by the Pope Francis, hotels are [...]
Revenues from the tourist tax brought in €54 million to the coffers of 11 municipal councils in 2022. The tax levied on hotel and guest house accommodation bills rose 209% on 2021, but was still [...]
