Hotel occupancy rate in the Algarve dropped to 60.5% in August

Swedish and French markets keep hotel occupancy rate stable in March - Diario diariOnline Região Sul

The average global occupancy rate / room in the Algarve in August was 60.5%, 35% below the figure recorded in 2019 due to the effects of the Covid-19 pandemic, according to the Association of Hotels and Tourism Enterprises of the Algarve (AHETA).

The British market was the one that most contributed to the decrease (-18.4 percentage points), followed by Irish (-4.2%), French (-2.8pp) and German (-2.6%).

The national market was the only one to increase (+ 6.4pp), having represented 67.7% of the total overnight stays.

Sales volume decreased by 36.5% compared to the same month of the previous year.

In accumulated values, occupancy / bed has registered an average decrease of -58.1% since January and the volume of sales decreased by -56.8%.

According to AHETA, the results for the month of August were influenced by the increase in demand in the British market of 3.5 percentage points compared to the month of July, following the opening of the air corridor on August 20 between the United Kingdom and the Algarve, and by the increase in demand from the domestic market compared to the same period last year, “since nationals concentrated demand this month given the existence of more available supply and at more accessible prices, to the detriment of demand in the months of July and September” .


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