[NOTE: As mentioned in the press release of the previous months, 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. Please note that data for December was revised.]

In February 2016

Madeira’s Hotel Industry registered a 21.9% year-on-year increase in total revenue, while the overnight stays went up by 10.3%

Initial estimates for February 2016 show increases in the tourism indicators with positive year-on-year rates of change in overnight stays (+10.3%), total revenue (+21.9%) and lodging revenue (+20.6%).

At the country level, the rates of change stood at 15.1% in nights spent, 20.6% in total revenue and 20.7% in revenue from accommodation.

In the month of reference, the number of overnight stays in the Autonomous Region of Madeira topped 463.9 thousand – a new monthly record for February. The total revenue and the revenue from accommodation also registered new maximums (22.8 and 14.2 million euros, respectively).

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 +29.5% and +8.8%, respectively, compared to February 2015.

The bed occupancy rate in the reference month reached 59.3%, up by 3.1 percentage points over the same month of the previous year and the highest among the seven NUTS2 Portuguese regions.

The average income per room (RevPAR) recorded a year-on-year change rate of +14.8%, increasing to € 37.56.

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