Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Portugal

Airbnb stays double in Portugal over 2016

byCT Report
17/02/2017
in Portugal
Share on FacebookShare on Twitter

LISBON: Use of Airbnb nearly doubled in Portugal in 2016, the home rentals website said Thursday, as record tourist numbers flocked to the country some driven away from other sun spots by security fears.

A record 1.65 million guests stayed in properties listed by Airbnb in Portugal last year, up from 912,000 in 2015, the company said, with the capital Lisbon accounting for the bulk of the bookings. Founded in 2008 in San Francisco, Airbnb has become a popular alternative to hotels worldwide, allowing homeowners to rent out their properties by marketing them online for a fee.

You might also like

Central bank destroys 8,923 counterfeit banknotes

03/02/2020

Portugal mandates banks for new 10-year bond sale – lead manager

23/01/2020

But as Airbnb has rapidly expanded across the globe, it has often come into conflict with local rules and traditional hoteliers who see it as unfair competition. New York, Barcelona and Berlin are among the cities that have cracked down.

Under an agreement reached with Lisbon city hall, Airbnb in May began charging guests in the Portuguese capital a “tourist tax” of €1 per night. The tax has so far generated €1.74 million (RM8.2 million) which city authorities will use to develop local tourism projects, the statement said.

Despite the growth of Airbnb, Portuguese hotel revenues still rose by 15.1 per cent to €2.9 billion last year, national statistics institute INE said Wednesday.

Portugal welcomed 11.4 million foreign tourists in 2016 ― a sixth straight record year as security fears lure visitors away from rival sunshine destinations in the Mediterranean and Middle East. France, Tunisia, Turkey and Egypt have notably been hit by attacks in recent years which have rattled tourists.

The government announced Wednesday that the little-used Montijo military air base would be modified for commercial traffic because Lisbon’s sole international airport is nearing capacity.

Related Stories

Central bank destroys 8,923 counterfeit banknotes

byadmin
03/02/2020

Banco de Portugal (BoP) withdrew 8,923 counterfeit banknotes from circulation in the second half of the year, 1,496 more than...

Portugal mandates banks for new 10-year bond sale – lead manager

byadmin
23/01/2020

Portugal will launch a new 10-year benchmark government bond via a syndicate of banks in the near future, market conditions...

Individual consumption at 83% of EU average

byadmin
23/12/2019

Portugal in 2018 had levels of consumption and of gross domestic product (GDP) per capita below the European Union average,...

Portugal hopes European tech investment will drive up exports

byadmin
16/12/2019

LISBON: European investment in Portugal’s digital sector can help address a shortfall in equity funding for start-ups and support an...

Next Post

Greece disappoints with Q4 results

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.