[NOTE: Due to methodological changes in the survey on accommodation establishments, determined by Statistics Portugal (INE), from now on DREM will publish the preliminary results 45 days after the end of the period of reference and the provisional results 75 days after the end of the month of reference. For this reason, two publications will be released in the present month, one with the provisional data for December 2014 and the other with the preliminary data for February 2015 and the provisional data for January 2015.]

In February 2015

Madeira’s hotel industry kept up a steady pace of growth

Initial estimates for February 2015 show increases in the tourism indicators with positive year-on-year rates of change in overnight stays (+8.0%), total revenue (+7.5%) and lodging revenue (+11.6%).

At the country level, the rates of change stood at 11.2% in nights spent, 12.5% in total revenue and 15.4% in revenue from accommodation.

Looking at the data broken down by market, it should be highlighted that the year-on-year change rates in nights spent by the Portuguese and foreign tourists  were +14.2% and +7.4%, respectively.

The bed occupancy rate in the reference month reached 55.7%, 4.0 percentage points higher than a year before and the highest among the seven NUTS2 Portuguese regions.

The average income per room (RevPAR) recorded a year-on-year change rate of +12.5%, increasing to € 32.49.

DREM publishes provisional data for 2014

The provisional data for 2014 show that  the number of overnights in Madeira’s hotel establishments stood at 6,278,711, up by 4.3% when compared to 2013. The bed occupancy rate was 61.0% (0.3 percentage points below the initial estimate).

In the establishments of rural tourism and local accommodation, the change rates in the overnight stays were 13.7% and 16.1%, respectively.

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