TOURISM IN LISBON REACHED A RECORD REVENUE PER ROOM

Justin N. Froyd -
According to data from the National Statistics Institute (INE), Portugal's tourism industry brought 571.7 million euros in receipts in May, a 25.2% increase from last year. Compared to May 2019, befor ...

PORTUGAL RECORDED ALMOST 11% MORE OVERNIGHT STAYS

Larry Brain -
Tourism, one of the significant contributors to the Portuguese economy, is gradually recovering from the impact of the pandemic. In 2023, there were 77.2 million overnight stays, a 10.7% increase from ...

CHINA'S DOMESTIC TOURISM REVENUE EXCEEDS 5 TRILLION YUAN THIS YEAR

Nils Kraus -
The Chinese economy is showing improvement, particularly in the domestic tourism sector. According to a recent press release from the China Tourism Research Institute (CTRI), domestic tourist trips ar ...

WAYS TO INCREASE HOTEL PROFITABILITY

Sara Thopson -
Hotels can improve their profitability by starting with the basics - understanding their costs and expenses. ...

PORTUGAL: TOURISM REVENUES FROM OVERNIGHT STAYS INCREASED

Chris Grad -
Since February, Tourism revenues in Portugal slowed down, with the annual growth rate decreasing from 97.2% in January to 10.6% in July. ...