International visitor spending overall in Portugal for 2022 contributed €21.7 billion ($24.3 billion) to the country’s economy, representing a striking year-on-year growth of 80.4 percent—which was ...

The Portuguese hotel sector has demonstrated remarkable resilience, even as rising interest rates since 2022 have challenged ...

Currently, the tourism industry accounts for about 16.5% of Portugal's GDP. It is analyzed that this contributed to nearly half of the 2.3% economic growth rate in 2023.

Visit Portugal: Over the past year, the tourism business in Portugal has shown remarkable resilience and growth. Following the challenges posed by the pandemic, we have seen a significant rebound ...

Full-year growth of 1.9% slightly beats 1.8% forecast Private consumption sped up in Q4 Imports grew faster than exports despite tourism records LISBON, Jan 30 (Reuters) - Portugal's economic ...

Tourism accounts for around 12 percent of gross domestic product in Portugal. In 2023, Portugal recorded 2.3 percent economic growth, among the highest in the European Union, mainly thanks to exports.

Vanguard Properties, an early investor in Portugal’s real estate boom almost a decade ago, is making the most of a tourism ...

The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) has revealed Portugal’s Travel & Tourism sector is on the brink of a historic year, with its economic contribution ...

Foreign tourism to Portugal hits new record In the first eight months of 2024, arrivals rose 6.7% from a year ago to 13.1 million Published: Mon 30 Sept 2024, 3:26 PM ...

LISBON (Reuters) -Portugal's economic growth accelerated to 1.5% in the fourth quarter, pushing its full-year expansion to 1.9%, slightly above the government's forecast, official data showed on ...