Flash Estimate - In July 2024, the tourist accommodation sector in the Autonomous Region of Madeira recorded a year-on-year increase of 6.0% in overnight stays

According to the preliminary data for the tourist accommodation sector in the Region, for July 2024, it is estimated that 211.9 thousand guests arrived, generating 1 169.8 thousand overnight stays, reflecting positive year-on-year changes of 4.9% and 6.0%, respectively.

The cumulative figures of guest arrivals for the period from January to July 2024 (1 277.5 thousand; +4.9% compared to the same period in 2023) also demonstrate growth, as did the overnight stays, approaching 6.7 million (+6.6% compared to the same period of 2023).

For comparability with data released by Statistics Portugal (INE), it is necessary to exclude local accommodation with fewer than 10 beds. Following this criterion, overnight stays in tourist accommodation in July 2024 showed a year-on-year increase of 0.3%, a positive change similar to that observed at the national level (+2.1%).

In the Region, overnight stays by residents of Portugal increased by 4.8% compared to the same month last year, amounting to approximately 187.8 thousand (16.1% of the total), while those by residents abroad increased by 6.2%, reaching 982.0 thousand. Additionally, in July, guests with residence in the country totalled 41.9 thousand, and those from abroad numbered 170.0 thousand.

In Portugal, in July 2024, overnight stays by residents totalled 2.7 million, a decrease of 2.4% year-on-year while overnight stays by non-residents amounted to 6.3 million, marking a 4.2% increase compared to July 2023. All NUTS 2 regions recorded an increase in overnight stays, except for Oeste and Vale do Tejo (-0.4%). The largest increases were observed in the Azores (+5.3%), followed by Norte (+4.6%) and Peninsula de Setúbal (+4.5%), with more modest growth in Madeira (+0.3%),  Algarve (+0.7%), and Centro (+0.8%).

The preliminary estimated data in the Region for the reference month show that the emitting markets of residents abroad represented 83.9% of the total overnight stays. Within this group, in July 2024, the German market recorded the highest number of overnight stays, with approximately 199.1 thousand (+7.0% compared to the same month last year), followed by the United Kingdom, with 186.2 thousand (-8.8%) and France, with 97.2 thousand (+15.6%). 

More detailed results for July 2024 will be published on September 13, 2024.
 

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