In 2020, the revenue of hotels in Portugal went down by nearly 35 percent versus the previous year as a result of the COVID-19 containment measures. In 2021, this industry was forecast to experience a similar year-over-year decline, though recovering in the following two years.
Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026
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IBISWorld. (February 10, 2021). Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026 [Graph]. In Statista. Retrieved May 08, 2024, from https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/
IBISWorld. "Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026." Chart. February 10, 2021. Statista. Accessed May 08, 2024. https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/
IBISWorld. (2021). Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026. Statista. Statista Inc.. Accessed: May 08, 2024. https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/
IBISWorld. "Percentage Change in Revenue of Hotels in Portugal from 2016 to 2020, with a Forecast to 2026." Statista, Statista Inc., 10 Feb 2021, https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/
IBISWorld, Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026 Statista, https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/ (last visited May 08, 2024)
Percentage change in revenue of hotels in Portugal from 2016 to 2020, with a forecast to 2026 [Graph], IBISWorld, February 10, 2021. [Online]. Available: https://www.statista.com/statistics/1278217/percentage-change-revenue-hotel-industry-portugal/