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        Tourism

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        By Christopher Graeme
        In Hotel, News, Tourism
        Posted 1 Setembro, 2021

        Hotel nights 45% below 2019 numbers

        Despite improvements, Portugal’s tourism sector is still far beyond expectations now that flight restrictions have eased. According to the national statistics institute (INE), both the number of [...]

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        By Christopher Graeme
        In In Focus, News, Tourism
        Posted 25 Agosto, 2021

        Portugal’s tourism industry — surviving if not thriving

        When in October 2019 Rita Marques was offered the outwardly glamorous post of what is perhaps one of the Portuguese government’s most sought after top jobs, secretary of State for tourism, it [...]

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        By Christopher Graeme
        In News, Tourism, Travel
        Posted 25 Agosto, 2021

        Tourism returns to Porto and the North

        Portugal’s second city Porto and the north of the country are seeing a gradual return of tourism. The take-up rate at tourism developments and hotels currently stands at around 50%, well above [...]

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        By Christopher Graeme
        In News, Start-Up, Tourism
        Posted 25 Agosto, 2021

        Former TAP CEO has tourism startup

        The former CEO of TAP, Antonoaldo Neves has launched a tourism startup, P2D Travel. It is a kind of travel agency that draws on influencers and social network users to sell holiday trips and [...]

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        By Christopher Graeme
        In Aviation, News, Tourism, Travel
        Posted 25 Agosto, 2021

        Ryanair to invest US$300 million and open 26 new routes for Portugal

        The Irish low-cost airline Ryanair announced on Tuesday that it would launch 26 new routes from Lisbon, Porto and Faro to destinations like Malta, Palermo and Agadir from November. It will be the [...]

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        By Christopher Graeme
        In News, SME, Tourism
        Posted 11 Agosto, 2021

        Extra €10 million for tourism companies

        A €60 million line of credit provided by the government to help companies offset the effects of the pandemic has been given an additional €10 million booster. The decision was taken after the [...]

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        By Christopher Graeme
        In Funds, News, Resorts, Tourism
        Posted 11 Agosto, 2021

        Azora purchases Vilalara Thalassa resort

        The Spanish fund Azora has just purchased its third hotel in Portugal. After having bought two Tivoli hotels, the company has now added the five-star Vilalara Thalassa Resort at Porches in the [...]

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        By Christopher Graeme
        In Covid-19, News, Tourism
        Posted 30 Julho, 2021

        Woaucher! IVAuchers at €21.2M in June

        The Ministry of Finances has revealed that the Portuguese accumulated €21.2 million in June through its IVAucher scheme. The scheme provides benefits and incentives sponsored by the Portuguese [...]

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        0
        By Christopher Graeme
        In Aviation, News, Tourism, Travel
        Posted 28 Julho, 2021

        Portugal on US ‘best avoid’ travel list

        The United States has once again put Portugal on its list of countries to where it is inadvisable to travel. It has placed Portugal on the “very high risk” category because of the rising numbers [...]

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        By Christopher Graeme
        In Asset Management, Banks, Hotel, News, Tourism
        Posted 26 Julho, 2021

        Crédito Agrícola buys Porto Palácio for €62M

        Crédito Agrícola has bought Porto Palácio Hotel from Sonae Capital for €62.5 million. Sonae Capital sold the hotel to the fund CA Património which is held by Crédito Agrícola. The hotel used to [...]

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