Portugal has a rich and vibrant culture, offering charming cities, sandy beaches and beautiful countryside to visit. Its capital, Lisbon, is a thriving European city, famous for its limestone buildings, stunning views of the ocean and extraordinary culture.
But just like all other popular European travel destinations, Portugal has been hit by the economic crisis. According to this article published by The Portugal News Online , in May this year the hotel occupancy rates were down 15.6% in comparison to last year. According to the Portugal’s Statistic Institute (INE), in May 2009 3.2 million people spent a night in one of Portugal’s hotels. However, the number of foreign tourists visiting Portugal dropped by 18.3%. Domestic tourism hasn’t dropped that sharply but has also been down since May last year (with 7.8%).
The Algarve took the worst hit, followed by Lisbon
The Algarve took the worse hit, with the visitors numbers dropping by 20% in May 2009 compared to the same month last year. Lisbon and Madeira are not far behind, with the numbers dropping by 16%.
The Algarve is the southernmost region of Portugal and back in the 1960s has become a very popular tourist destination, particularly for the British. The area is home to some incredible beaches, beautiful natural landscapes and popular golf courses. The mild climate has made the area popular among Northern Europeans who want to escape the colder climates and soak up the sun.
Lisbon is the perfect vacation destination if your plans include visiting museums, spending the nights out clubbing and exploring the historic neighborhoods. The first thing to do when you get in Lisbon is to hop on tram no. 28. It will take you by some of Lisbon’s most famous sites. Then you can decide which ones you want to explore in detail. One of the city’s hidden gems is, definitely, the Botanic Gardens where you can admire flowers and trees from all over the world.
When we talk about the average room price paid in May 2009 versus May 2008, it also dropped from €35 last year to €26 this year.
Between January and May 2009, the number of nights booked in Portugal fell by 9.7% compared to the same period last year, while the number of guests staying in Portugal dropped by 6.7%. The numbers are about the same all over Europe, as the World Tourism Organization (OIT) documented a 10% drop for the same period.
Regarding the nationality of visitors coming to Portugal, most are British, followed by Germans, French, Spanish, Dutch, Irish and Italian.
Although the drop in visitors is not good for the economy, it does trigger a drop in room prices which means Portugal, and particularly Lisbon, becomes affordable for more tourists.