The region’s average occupation rate was of 34 percent, a figure beaten only by December 2016.
According to the Algarve’s largest hotel association AHETA, the 1.1 surge in the rate on 2017 was due to growth in visitors from the French, German and British markets.
This comes after news from hotel entrepreneurs that this year, for the first time ever, the number of Portuguese visitors to the Algarve outweighed the number of Britons. The region’s hoteliers believe the domestic market will continue to flourish, and that 2019 will bring a better performance in terms of revenue and average prices.