The Hotusa Group views Southern European countries as “refuge” tourist destinations and predicts a bright future for the Portuguese market, aiming to expand its brands there despite short-term uncertainty. The group, which currently operates 24 hotels in Portugal, is looking to grow through both acquisitions and new construction in cities beyond Lisbon and Porto. While the company expects significant growth, its president, Amancio López, warns that the outlook remains dependent on the evolution of the conflict in the Middle East, which could impact fuel prices and travel demand.