Algarve hotels have seen a 60% year-on-year decrease in July’s occupancy rate, revealed hoteliers’ association AHETA.
The biggest drop, as expected, was among foreign holidaymakers, particularly Brits – down 90% when compared to the same month last year.
“Other foreign markets have also registered significant drops. The only good news comes from the domestic market, which decreased just 8.3%,” Elidérico Viegas told TSF radio. “Considering the circumstances, it is positive.”
Looking ahead, the AHETA boss fears many hotels and companies linked to the tourism sector will not survive without government support.
“This situation is disastrous for companies,” said Viegas, who hopes the government will follow through on its promise to create a specific plan to help the Algarve economy recover.