Portugal September Overnight Stays in Hotels: Summary

Following is a summary of Portugal’s tourist activity report from the Instituto Nacional de Estatistica in Lisbon:

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                             Sept.     Aug.     July     June      May      YTD
                              2013     2013     2013     2013     2013
================================================================================
                             --------------Year-on-year % change---------------
Overnight stays               5.1%     5.4%     3.8%     8.6%    11.8%     4.8%
 Residents                   -1.2%     0.3%    -1.3%     5.3%     0.8%    -1.8%
 Non-residents                7.7%     8.5%     6.0%    10.1%    15.5%     7.9%
-------------------------------------------------------------------------------
Guests                        1.9%     6.0%     3.3%     7.9%     7.0%     3.4%
-------------------------------------------------------------------------------
Total revenue                 4.3%     4.6%     6.7%    10.7%     8.9%     4.9%
 Hotel revenue                3.5%     5.8%     7.3%    12.2%    12.2%     6.0%
Avg revenue/room              2.5%     4.4%     5.6%    11.2%    11.0%     5.1%

================================================================================
                             Sept.     Aug.     July     June      May      YTD
                              2013     2013     2013     2013     2013
================================================================================
                           ------------------Number in thousands---------------
Overnight stays            4,810.4  6,391.6  5,292.3  4,406.9  3,954.0 34,069.2
 Residents                 1,329.6  2,289.5  1,564.8  1,304.3    908.6 10,077.1
 Non-residents             3,480.8  4,102.1  3,727.5  3,102.6  3,045.5 23,992.1
-------------------------------------------------------------------------------
Guests                     1,577.0  1,922.9  1,593.1  1,498.8  1,403.4 11,470.9
-------------------------------------------------------------------------------
Average nights stayed          3.1      3.3      3.3      2.9      2.8      3.0
Bed occupancy rate (%)        53.9     66.9     56.9     49.9     44.1     44.3
                         ----------------------Million euros-------------------
Total revenues               230.1    310.5    252.7    207.2    183.3  1,594.1
 Hotel revenues              161.9    235.6    186.4    144.6    126.4  1,130.1
Avg revenue/room (euro)       40.7     56.8     45.1     36.7     31.4     32.7
================================================================================

NOTE: Figures are preliminary and subject to revisions.

SOURCE: National Statistical Institute INE

(Portugal’s National Institute of Statistics)

To contact the reporter on this story: Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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