Pestana Group profits fall 4% to €105 million in 2023
Profits from Portugal’s Pestana Group, which has hotels all over Portugal and some in Brazil, fell 4% to €105 million in 2023 compared to the €109.5 million posted in 2022. The group is the [...]
Profits from Portugal’s Pestana Group, which has hotels all over Portugal and some in Brazil, fell 4% to €105 million in 2023 compared to the €109.5 million posted in 2022. The group is the [...]
Hotel management group AHM, which is owned by the Canadian group Mercan, is to strengthen its presence in Portugal with a total €1.2Bn over three years bringing the number of hotels it manages to [...]
Lisbon City Council is mulling a €2 hike on the city’s tourist tax, effectively doubling it from €2 to €4, and includes cruise ship passengers. According to Jornal de Negócios the goal is to [...]
Portugal achieved a new record in the number of tourists and tourism-related revenues in 2023, but the number of overnight stays fell. According to the business daily Negócios, a reduction in the [...]
Vale do Lobo, the company that owns and manages the prestigious gated residential golf community in the Algarve’s golden triangle, is preparing new real estate projects and infrastructures to [...]
Over the Easter period, between 25-31 March, the total turnover of credit card transactions in Portugal from overseas cards represented 26% of total credit card transactions nationwide. Spain and [...]
Figures from Portugal’s national statistics institute (INE) reveal that the number of overnight stays by Irish visitors in Portugal has increased by 97.8% in 10 years, from 1,104,749 in 2013 to [...]
Since the beginning of the year Portugal and Lisbon have continued to be among the five most attractive destinations for customers of online culture and tourism tickets booking site Tiqets. Both [...]
You couldn’t have made it up. We are on our way to Portugal’s Alentejo region to visit a charming boutique hotel in the picture postcard village of Mora when the car breaks down. Despite the time [...]
The success of the ´Living in Portugal roadshow’ event in the United Sates last week has proven once again that an increasing number of US property buyers are interested in relocating to [...]