According to data released this morning by the Regional Directorate of Statistics of Madeira (DREM), the total revenue from tourist accommodation in the Region increased by 23% in 2023.
Posts tagged as “al”
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.
Question: I have only been able to let my local lodging unit during the high season. There is now a potential tenant who wishes to rent the apartment from October to May. Can I do this by concluding a contract for the period and then move forward with weekly or…
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…
Social Democrat Deputy (PSD), Paulo Neves, has expressed his concern about the lack of support and attention from the Government of the Republic to entrepreneurs in the tourism industry and, in particular, to entrepreneurs in local accommodation (AL).
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…