Portugal is the 4th EU country where tourism has the greatest weight in the economy
Tourism exports totalled €28 billion in 2024, placing Portugal fifth among European Union (EU) countries with the highest external revenues from this sector, according to the latest data from “The impact of tourism on the Portuguese balance of payments”, published this Monday by the Bank of Portugal. At the top of the list ...
Ventura wins in the municipality that receives the most tourists in Portugal
The sectors that contributed most to employment in Albufeira were accommodation and catering.
Shuttered shopfronts and orphaned customers: why are neighbourhood cafés and restaurants closing?
Inflation has hit the hospitality sector, but for neighbourhood cafés and many restaurants the main threat is pressure from the property market. With every patisserie that closes, the neighbourhood crumbles.
Hospitality sector had a bleak year. 20% drop at Christmas and New Year's Eve worsens closures
The hospitality sector endured a bleak year, with activity down about 20% over the Christmas and New Year's Eve period — a fall that has accelerated business closures.
Catering and hospitality agree average pay rises of 5% for 2026
The catering and hospitality sectors signed revised collective agreements for 2026 with the Union of Service Sector Workers (SITESE), providing for an average pay rise of around 5%.
