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
                              2014     2014     2014     2014     2014
================================================================================
                             --------------Year-on-year % change---------------
Overnight stays               9.4%     8.6%    12.3%    25.4%    -0.8%    10.8%
 Residents                   15.4%     6.7%    16.1%    36.9%    -3.1%    12.9%
 Non-residents                6.9%     9.3%    11.1%    21.3%     0.2%    10.0%
-------------------------------------------------------------------------------
Guests                        9.4%     7.2%    14.5%    21.5%     2.7%    11.6%
-------------------------------------------------------------------------------
Total revenue                10.7%     8.1%    18.9%    20.2%     2.9%    11.8%
 Hotel revenue               12.0%     8.2%    19.7%    20.4%     3.1%    12.6%
Avg revenue/room              8.4%     3.5%    14.9%    16.1%     0.8%     8.7%

================================================================================
                              July     June      May    April    March      YTD
                              2014     2014     2014     2014     2014
================================================================================
                           ------------------Number in thousands---------------
Overnight stays            5,761.7  4,722.1  4,425.5  3,851.1  2,739.6 25,204.9
 Residents                 1,766.6  1,361.9  1,055.7  1,090.9    800.9  7,212.6
 Non-residents             3,995.1  3,360.3  3,369.8  2,760.2  1,938.7 17,992.3
-------------------------------------------------------------------------------
Guests                     1,728.2  1,591.2  1,607.1  1,381.2  1,039.1  8,847.7
-------------------------------------------------------------------------------
Average nights stayed         3.33     2.97     2.75     2.79     2.64     2.85
Bed occupancy rate (%)        60.0     51.5     47.7     43.7     32.6     41.5
                         ----------------------Million euros-------------------
Total revenues               280.5    222.5    215.7    168.7    121.7  1,174.7
 Hotel revenues              207.1    157.2    150.3    115.2     82.1    823.1
Avg revenue/room (euro)       48.9     38.5     36.0     29.2     21.4     30.4
================================================================================

NOTE: Figures are preliminary and subject to revisions.

SOURCE: National Statistical Institute INE

(Portugal’s National Institute of Statistics)

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