Portugal hotels bouncing back
Lisbon, Portugal – 16 February 2017 –
The number of foreign tourists visiting Portugal soared nearly 13 percent last year to exceed 10 million for the first time, helping the recovery of a still fragile economy as the country enjoyed a sixth straight record year for tourist arrivals.
Tourist arrivals and all travel-related revenues account for about 10 percent of Portugal’s gross domestic product. The tourism sector is also a key source of employment.
Preliminary data from the National Statistics Institute showed that almost 11 million foreign
residents stayed in Portuguese hotels last year after 9.7 million in 2015. … Read More