Categories: Taxation

Tourists continue to flock to Portugal

The number of tourists in Portugal jumped by almost 12% in June compared with last year, which could herald another record year for Portugal, whose tourism sector accounts for around 10% of its gross domestic product (GDP).

While security fears are turning tourists away from Turkey and North African countries, Portugal has been welcoming more and more of them every year since 2011, helping it to emerge from the crisis.

The national statistics institute announced on Tuesday that 1.18 million foreigners stayed in hotels in Portugal in June.

Since the start of the year, their number has exceeded five million, 13% more than over the same period in 2015.

Hotel sector sales in Portugal rose by almost 17% in the first half, to 1.16 billion euros.

The number of foreign tourists to Portugal surpassed the 10 million mark for the first time last year, with an increase of around 10% on 2014. 

Source

Share

Recent articles

2025: Price rises in Portugal

The year 2025 begins with increases in several key sectors in Portugal, marking... Read more

since 12 months

Raising Portugal's minimum wage

The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870... Read more

since 1 year

IRC reduction in Portugal's 2025 state budget

Find out how the Portuguese tax system affects companies, with details on taxation,... Read more

since 1 year

The advantages of setting up a business in the UK

The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more

since 1 year

UK e-commerce tax rules

If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more

since 1 year

Automatic tax benefits

On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more

since 1 year

Our site uses cookies.

Read more