Latest news and stories about tourism in finance in Portugal for expats and residents.
Lufthansa Technik Portugal CEO Torsten Raabe stated that the company's new facility in Santa Maria da Feira is an independent investment from the group's bid to privatize TAP. The company also emphasized that its recent acquisition of Italy's ITA Airways does not affect its strategic interest in the Portuguese carrier.
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.
Portugal's tourism sector continues to see rising demand, with significant tax revenue and European funding available to drive social innovation and cohesion.
Portuguese hoteliers report a decline in seasonal confidence, citing geopolitical instability and economic indicators as primary factors impacting the upcoming summer tourism outlook.
The 2026 FIFA World Cup is projected to generate between €378 million and €945 million in economic impact for Portugal, depending on the national team's performance.
The Avenida Association warns that operational constraints at Lisbon Airport are damaging Portugal's tourism competitiveness and hindering foreign investment.
Key economic and political events for the day include INE wage and tourism data, a DBRS credit rating review for Portugal, the conclusion of Trump's China visit, Kevin Warsh's appointment as Fed chair, and earnings reports from Semapa and Digi Communications.
An analysis of the nation's newfound appeal and the challenges it faces in managing sustainable economic development.
An analysis of the current state of economic and diplomatic ties between Portugal and Germany, focusing on trade, investment, and the tourism sector.
Rising kerosene costs due to the Middle East conflict have led airlines to increase ticket prices, introduce new baggage and seat reservation fees, and cancel certain routes ahead of the summer season.
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.
From geopolitical instability to the rise in jet fuel prices, pressure factors on tourism are not stopping demand, but are changing behaviour: fewer days, closer destinations, and more flexibility.
Tourism sector associations believe this year's summer will be “positive” but more demanding, considering the activity trends in June and the context of instability and rising prices. In a written response to Lusa, Cristina Siza Vieira, executive vice-president of the Portuguese Hotel Association (AHP), ...
The United States are increasing their presence and strategic weight in the Portuguese energy, investment, and tourism sectors.
Tourism associations report that while the geopolitical climate is not dampening the desire to travel, consumers are becoming more rational, informed, and cautious, leading to longer decision-making processes and a greater focus on value and security. Industry leaders expect a positive summer season for 2026, though they warn it will be more demanding due to rising costs, operational challenges at airports, and a shift in consumer behavior toward more budget-conscious planning.
The president of ANAV believes that the sector is prepared, agencies are working intensely, and the summer should confirm the resilience of tourism.
Portugal is identified as one of the countries most vulnerable to disruptions in the tourism sector in the event of a shortage of aviation fuel.
If nothing changes in our public discourse, then not even when the 2030 FIFA World Cup is held in Portugal will the Portuguese have the money to pay for tickets.
The Portuguese economy is expected to grow by 2.0% in 2026 and 1.7% in 2027, according to KPMG's European Economic Outlook. While these forecasts place Portugal above the Eurozone average, the report warns that instability in the Strait of Hormuz could trigger an energy shock, impacting inflation, supply chains, and tourism-dependent sectors. KPMG highlights that while Europe's direct exposure to gas from the region is lower than in 2022, a broader global shock could affect various raw materials and industries. The consultancy advises businesses and policymakers to strengthen risk management and operational efficiency, noting that government fiscal space for support measures is more limited than in previous crises. Meanwhile, the OECD has revised its growth forecast for the Portuguese economy downwards to 1.8% for this year.
Lisbon generated 260 million in tourist tax over ten years. With 30 million in European funds available for social innovation in tourism, the question is not whether there are resources, but whether there is the will to use them well.
The discussion on public support is impoverished when it mixes distinct questions: whether the expenditure makes sense, whether the procedure was legal, and whether the benefit justifies the cost. These are different domains—political opportunity, public procurement, economic evaluation—and confusing them blurs our focus on the essentials of the discussion. Tourism and gastronomic events are my pretext. No...
The search for summer holiday bookings in Portugal has seen a 20% increase relative to 2025, driven primarily by travellers from the United States.
André Gomes, president of the Algarve Tourism Region, argues that increasing the supply of tourism in the Algarve is necessary, especially in inland areas, in order to help reduce seasonality, which he stresses is currently 'the lowest in the history of tourism in the region'. He even ventures to say that tourism accounts for 90% of the regional economy, as 'there is nothing that happens in the Algarve that is not related, directly or indirectly, to tourism'.
The search for summer holidays in Portugal has increased by 20%, with the United States becoming the primary source market for international visitors.
Menzies Aviation has completed the acquisition of TAP's 49.9% stake in the ground handling company SPdH, becoming the sole shareholder of the firm, it announced in a statement today.
Aviation sector consolidation in Europe is in the air, but a potential interest from Air France-KLM in easyJet, through a partnership with the North American fund Castlelake, does not deter the Franco-Dutch group from the race for TAP's privatisation, whose interest remains 'strong', the group told Expresso.
Restaurants and hotels were the biggest contributors to inflation in May, the month in which the Puerto Rican artist Bad Bunny made his debut in Portugal. According to the National Statistics Institute (INE), this was the product category that contributed most to the 0.2% monthly increase in the Consumer Price Index.
The Portuguese national tourism board is launching a promotional campaign to leverage the visibility of the 2026 World Cup.
