Portugal: Tourism revenues in Madeira rise 15.9% in first nine months

Page created: Wednesday, 16 November 2016 8:43 GMT

Madeira   Revenue   Tourism

Funchal, Nov. 15 (Lusa) – Tourism revenue sin the Portuguese island of Madeira rose by 15.9% year on year in the first nine months of the year to over €294 million, the Regional Office for the Economy, Tourism and Culture said on Tuesday.

The number of overnight stays rose by 10.5% in the period, and the island, which is an autonomous region of Portugal, was visited by 1,060,651 people, the Office said.

The Office for the Economy said in a statement that, Revenue per Available Room (RevPar) rose 16.3% over the first nine months of the year, and the occupancy rate also rose, by 4.9 percent, against the same period of the previous year.

RevPar rose to €50.11, while the average occupancy rate was 72.1%.