Portugal July Overnight Stays in Hotels: Summary

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

================================================================================
                              July     June      May    April    March      YTD
                              2013     2013     2013     2013     2013
================================================================================
                             --------------Year-on-year % change---------------
Overnight stays               3.8%     8.6%    11.8%    -4.0%    14.0%     4.9%
 Residents                   -1.3%     5.3%     0.8%   -11.6%     3.0%    -1.9%
 Non-residents                6.0%    10.1%    15.5%    -1.0%    19.3%     7.9%
-------------------------------------------------------------------------------
Guests                        3.3%     7.9%     7.0%    -3.4%     9.5%     3.5%
-------------------------------------------------------------------------------
Total revenue                 6.7%    10.7%     8.9%    -1.4%     9.5%     5.1%
 Hotel revenue                7.3%    12.2%    12.2%    -1.0%    11.8%     6.9%
Avg revenue/room              5.6%    11.2%    11.0%    -3.1%     9.2%     5.9%

================================================================================
                              July     June      May    April    March      YTD
                              2013     2013     2013     2013     2013
================================================================================
                           ------------------Number in thousands---------------
Overnight stays            5,292.3  4,406.9  3,954.0  3,107.3  2,847.2 22,929.8
 Residents                 1,564.8  1,304.3    908.6    798.8    840.7  6,510.6
 Non-residents             3,727.5  3,102.6  3,045.5  2,308.5  2,006.5 16,419.2
-------------------------------------------------------------------------------
Guests                     1,593.1  1,498.8  1,403.4  1,147.8  1,028.5  8,001.2
-------------------------------------------------------------------------------
Average nights stayed          3.3      2.9      2.8      2.7      2.8      2.9
Bed occupancy rate (%)        56.9     49.9     44.1     36.5     33.9     39.1
                         ----------------------Million euros-------------------
Total revenues               252.7    207.2    183.3    141.8    121.2  1,054.5
 Hotel revenues              186.4    144.6    126.4     96.7     81.1    734.0
Avg revenue/room (euro)       45.1     36.7     31.4     25.2     21.4     27.8
================================================================================

NOTE: Figures are preliminary and subject to revisions.

SOURCE: National Statistical Institute INE

(Portugal’s National Institute of Statistics)

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