Olhão (Photo: Bruno Filipe Pires/Open Media)
Olhão (Photo: Bruno Filipe Pires/Open Media)

Algarve hotel occupancy falls in January to 34.4%

Algarve hotels see slight drop in occupancy 

The Algarve’s hotel industry recorded an average occupancy rate per room of 34.4% in January, a drop of 0.9 percentage points (p.p.) compared to the same period in 2023, the region’s largest hotel association announced on Friday.

According to provisional figures released by the Algarve Hotels and Tourist Resorts Association (AHETA), the figure is 1.3 p.p. above the average occupancy in January 2019 before tourist activity was affected by the Covid-19 pandemic.

According to the summary of the monthly evolution of activity in the sector, the markets that recorded the biggest year-on-year increases were the Netherlands (+0.5 p.p.), Poland (+0.4 p.p.) and Germany (+0.3 p.p.).

The biggest drops compared to last year were in the domestic market, down 1.4 p.p., and in the British market (-0.6 p.p.).

According to AHETA, the average stay in Algarve accommodation units was 4.4 nights, 0.2 p.p. more than in the same month in 2023.

In January, the longest average stays were from the Swedish market, with 8.7 nights, followed by the Dutch market, with 8.4 nights, the business association added.

Source: LUSA