Government to spend around €36.5 Million on World Youth Day 2023

Short-term rentals in Lisbon at same level as 2022 despite pilgrim flood

Short-term rentals in Lisbon have an occupancy rate between 80% and 90% for the week of World Youth Day (WYD), “identical to the same week of 2022”, Eduardo Miranda, president of short-term rental association ALEP has stressed. “Events like this are important for Portugal’s exposure. They attract the destination for the future,” and the “positive effects may be felt in the long run”, but the “spirit of the event” itself, with people staying in schools and other institutions, “is not a short-term business opportunity” he told Lusa.