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Posts tagged as “al”

2 Million Stays Recorded in First Quarter

According to the data revealed today by the Regional Directorate of Statistics of Madeira (DREM), between January and March 2023, overnight stays in the total tourist accommodation in the Autonomous Region of Madeira (RAM), registered an increase of 52.8% compared to the same period of the previous year, approaching 2.3 million for the first time.

Some “AL” properties to switch to long-term leasing

The Portuguese government is creating a specific programme of €4.5m to encourage “AL” holiday lets to be transformed to affordable rents for young people. The purpose of the programme is open more affordable housing for urban youth that is accessible and with better conditions. The government also proposes to make…

Almost 80% of “AL” tourist accommodations register cancellations.

4 out of 5 Local Lodging establishments in Portugal saw reservations cancelled in the 6 months between March and August. Due to quarantines and more restrictive measures in force to mobility,  Madeira and the Azores suffered the highest number of cancellations. The hotels in the Algarve recorded a global average…

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