Latest news and stories about tourism in finance in Portugal for expats and residents.
Turismo de Portugal has approved 22 investment projects across the country, providing 8.5 million euros in financial incentives under the 'Growing with Tourism' (Crescer com o Turismo) program. The latest phase includes 12 projects focused on sectors such as nature, cycle tourism, and cultural heritage, following an initial round of 10 contracts signed earlier this year.
João Miguel Tavares analyzes the shifting stance of the TVDE sector, which has moved from seeking market entry to warning that taxi competition threatens the livelihoods of 40,000 professionals.
Portugal's tourism sector faces mixed results this Easter, with Lisbon and Porto experiencing a 10% decline in hotel bookings while the Algarve anticipates a 5% rise driven by last-minute demand amid broader economic caution.
Tourism is a vital part of the Portuguese economy, but it must adapt to new challenges such as increasing value, diversifying markets, and managing visitor flows effectively. Lídia Monteiro from Turismo de Portugal emphasizes the need for strategic growth in a competitive global landscape.
The German group FRS, which entered the Portuguese market in 2021, expects to reach 2.25 million euros in revenue by 2026, driven by a strategic shift towards the MICE tourism sector. With two vessels now operating in Lisbon, the company is focusing on corporate events to combat seasonality and attract international business clients. Despite positive growth projections, the group remains cautious regarding geopolitical instability and its potential impact on global tourism demand.
The Portuguese national tourism authority is providing support to 12 different initiatives.
Óscar Afonso, director of the Faculty of Economics at the University of Porto, analyses how the current situation compares to the inflationary crisis of 2021.
In March 2026, the tourist accommodation sector recorded 2.3 million guests and 5.6 million overnight stays, corresponding to year-on-year increases of 0.9% and 1.4%, respectively, according to the rapid statistics from the National Statistics Institute (INE). These results translated into 432.9 million euros in total revenue and 319.2 million euros in...
Air France-KLM plans to submit a binding offer for a minority stake in TAP, CEO Ben Smith stated this Thursday, guaranteeing that the proposal will be “the strongest possible”. “Lisbon's geographical location, to reinforce our already strong position in Latin America, remains very important,” Smith said during a conference call.
Air France-KLM recorded a loss of 287 million euros in the first quarter, slightly lower than the 292 million in the same period of 2025, while revising its full-year 2026 outlook downwards. The Franco-Dutch airline group announced a negative operating result of 27 million euros for the first quarter, despite a 4.4% increase in revenue to 7.479 billion euros. The company cited rising fuel costs due to the conflict in the Middle East and the closure of the Strait of Hormuz as key factors for the downward revision of its business outlook. Consequently, the group plans to limit capacity growth to 2-4% and reduce investment to under 3 billion euros. CEO Benjamin Smith emphasized strict cost management while reaffirming the company's interest in acquiring TAP, highlighting Lisbon's strategic location for connectivity to the Americas and Africa.
The Portuguese tourism board is investing 6.9 million euros into 12 additional tourism-related projects.
Tourist trips by residents in Portugal increased by 13.7% in 2025 to a 'historical high' of 26.049 million, surpassing pre-pandemic levels (24.5 million trips in 2019) for the first time, according to data released today by the INE.
The Azores must grow less through volume and more through value, argued speakers at the ECO Azores conference, organised by ECO at the Teatro Micaelense in Ponta Delgada. This idea marked both the opening and closing sessions, where regional and national officials presented the main challenges facing the Azorean economy.
The Portuguese group continues its expansion in Europe with the acquisition of the Le Massif Courmayeur Hotel & Lodge, a five-star hotel near Mont Blanc, which is scheduled to reopen on 5 June. The investment value was not disclosed.
Tourist trips by residents in Portugal rose by 13.7% in 2025 to a record high of 26.049 million, surpassing pre-pandemic levels for the first time, according to data released by the National Statistics Institute (INE). Growth was driven by both domestic travel (+14%) and trips abroad (+12.5%), with leisure and visiting friends or family remaining the primary motivations. Spain, France, and Italy were the top international destinations, while the North and Centre regions were the most popular domestic choices.
This Tuesday, the Prime Minister will present the Portugal Transformation, Recovery and Resilience (PTRR) programme. Meanwhile, the INE will release tourism data and the Bank of Portugal will publish the results of the bank lending survey. Also marking the day are crude oil data and the start of the policy meeting...
After investing in rural tourism in Mondim da Beira, the founder of Banco Comercial Português (BCP) Jardim Gonçalves is now preparing to internationalise his Infinitude wines and win over consumers in the United States, Canada, and Honduras. With a consolidated position in the domestic market and a turnover of 150,000 euros in 2025, the brand is expected to...
An analysis of how active and sports-related tourism is becoming a key factor for regional economic competitiveness.
Twelve contracts were signed this Monday in Évora, joining 10 already concluded in Porto. The programme has a total budget of 30 million and remains open for applications.
