GuestReady recorded a 30% increase in revenue from
local accommodation in Portugal between June and September,
reaching €19 million in bookings, with around 43.000 reservations.

Summer brought record numbers for GuestReady in Portugal!

Between June and September, the company achieved €19 million in bookings, an increase of 30% compared to 2023. This is double the global growth rate (15%).

In terms of nationalities, guests from Spain accounted for 14%, France 13%, and Portugal also 13%.

“These results reflect the success of our commitment to flexible accommodation and unique experiences” says GuestReady, which continues to expand through new acquisitions and projects based on this concept.

The most popular cities were Porto, Lisbon, and Funchal, with an average national occupancy rate of 89% and an average stay of 4 nights.

- What does this mean for you?
 

This growth confirms that Portugal remains one of the most solid and profitable markets for investment in local accommodation.

For investors, GuestReady's data shows a mature sector with growing profitability and high occupancy rates.

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