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Algarve only region to fall short of record tourism numbers in 2023

The UK remains Portugal’s main foreign market

The Algarve was the only region in Portugal that did not improve its tourism numbers in 2023 compared to 2019 (the last year before the Covid-19 pandemic), according to preliminary data revealed yesterday by the National Statistics Institute (INE).

Every other region registered significant increases in overnight stays compared to 2019, such as Madeira (+23.4%), North (+22.8%), Azores (+18.1%) and Alentejo (+14.8%), while the Algarve saw the number drop +2.5%.

On a national scale, Portugal’s tourist accommodation sector in 2023 recorded 30 million guests and 77.2 million overnight stays, representing increases of 13.3% and 10.7% respectively on the 2022 figures and surpassing levels recorded in 2019.

Foreigners accounted for 69.7% of all overnight stays in Portugal, totalling 53.8 million, a 14.9% increase on 2022, while the domestic market contributed 23.4 million overnight stays (up 2.1%).

Compared to 2019, the number of guests increased 10.7%, while overnight stays grew by 10%, representing increases of 10.7% among Portuguese tourists and 9.6% among foreigners.

The UK remains Portugal’s main foreign market, accounting for 18.4% of overnight stays by non-residents (a 9.4% increase), followed by Germany (11.3% of the total), Spain (10.1%), France and North America (8.6% each).

INE added that the highest growth rates were recorded by the Canadian and US markets (up 56.9% and 32.9%), followed by Italy (+20.8%) and Austria (+19.3%).

By Michael Bruxo

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