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[NOTE: Since the reference month of January 2018, the preliminary monthly results cover the entire collective tourist accommodation sector, which aggregates hotel establishments (hotels, apartment hotels, tourist apartments, tourist villages, “pousadas” and “Quintas da Madeira”), rural tourism and local lodging. Consequently, the data released this month are different from those presented by INE in its press release, which maintains the old model. It should be highlighted, that in the publication edited by DREM, Table I.6 summarises the main information according to the previous model and for that reason, the values presented in this table coincide with those published monthly by INE. It should also be noted that for the variables establishments, capacity, bed occupancy rate, income and RevPAR, the data excludes local lodging establishments with a capacity of less than 10 beds.]

In August 2018

Total revenue and overnight stays in Madeira's hotel industry decreased by 1.0% and 2.3%, respectively

Initial estimates of tourism accommodation for August 2018 show a the decrease in the number of overnight stays (-2.3%) and in total revenue (-1.0%), which is explained by the negative performance of the two main traditional markets.

In the month of reference, the number of overnight stays in the Autonomous Region of Madeira stood at 920.4 thousand. The total revenue and the revenue from accommodation were 48.8 and 33.1 million euros, respectively.

The overnight stays in hotel establishments dropped by 4.6% y-o-y and were responsible for 83.3% of the total, while the overnight stays in rural tourism increased by 4.2% compared to the same month of the previous year and accounted for 1.9% of the total. Local lodging registered a 12.1% increase in overnight stays, representing 14.8% of the total.

Looking at the data broken down by market, it should be highlighted that the year-on-year change rates in nights spent by foreign tourists and the Portuguese were -3.7% and 6.0%, respectively, compared to August 2017. The British (-4.9%) and German (-2.7%) markets had a negative performance, while the French market increased by 1.2%.

The bed occupancy rate in the reference month reached 75.6%, dropping by 3.7 percentage points over the same month of the previous year.

The average income per room (RevPAR) recorded a year-on-year change rate of -2.7%, decreasing to € 63.51. In hotel establishments, the RevPAR decreased by 1.2% in August 2018, to € 69.98.

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