Tourist accommodation had revenue of 691.2 million euros in October, a year-on-year increase of 7.3%, with overnight stays from non-residents rising again after two months of decline, according to INE this Friday, 28th.
According to quick statistics on tourist activity, released by the National Institute of Statistics (INE), the tourist accommodation sector registered 3.1 million guests (+3.8%2) and 7.7 million overnight stays (+2.4%) in October, generating 691.2 million euros in total revenue and 521.5 million euros in room revenue, corresponding to increases of 7.3% and 6.1% compared to October of the previous year.
INE highlighted that the growth in the number of overnight stays resulted both from the increase in overnight stays from residents, which rose by 6.4%, reaching two million, and from overnight stays from non-residents, which increased by 1.1%, after two months of decreasing, totaling 5.8 million.
Among the ten main issuing markets, Canada and Spain stood out, with growth of 4.7% and 2.4%, respectively.
The biggest decreases were observed in the French (-6.8%) and Dutch (-6%) markets.
In the month under review, the average income per available room (RevPAR) stood at 77.5 euros (+2.9%) and the average income per occupied room (ADR) reached 122.6 euros (+3.5%).