Tourism

Reports suggest tourism in Portugal could exceed pre-pandemic levels in 2023

Compared to other European territories, tourism in Portugal is recovering well from the COVID-19 pandemic. According to the World Travel and Tourism Council (WTTC), Portugal could even surpass pre-pandemic levels next year in 2023. Compared to the level of 2019, it grew by almost 4.8%.

In 2021, the number of tourists visiting Portugal was reported to be 5.9 million. However, figures were low in 2020 as Portugal only recovered 3.9 million people. Whereas in 2019, a total of 16.4 million passengers visited the tourist destination.

Bernardo Trindade, president of AHP, said in an interview that the recovery of the tourism sector in Portugal is happening faster, mainly because of its location, which is far from the war ravaging Ukraine, and the fact that people consider the country a safe place to visit. According to the latest figures from the global tourism agency, the travel and tourism sector’s GDP is projected to grow at an average rate of 3.4% annually over the decade, three times the overall growth of the country’s economy.

The tourism sector is expected to provide around 1,93,000 jobs by 2032, with an average of 19 new jobs each year. This will employ more than 1.1 million people, the report says.

Looking at the other side of the same coin, things are not so rosy. Currently, Portugal is facing two main problems – lack of staff and inflation. This year, hotels and restaurants reportedly employed 2,66,600 people in the first quarter. Although this is 45,200 more than last year, it is still 33,200 less than the first three months of 2019.

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