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November's Algarve hotel figures - British continue to disappoint

SilvesParkThe average overall occupancy rate for the Algarve’s hotels in November was 45.3%, a drop of 1.8% on November 2016.

According to data from the region’s hotels association, AHETA, the reason for the drop was a lack of British, which was blamed on Brexit and the fall in the exchange rate.

British visitors were down 4.1% with the Germans up 0.9% and the Irish and Dutch showing small gains.

The largest decrease in occupancy was in Monte Gordo - VRSA where numbers were down a full 12% and the Vilamoura - Quarteira - Quinta do Lago are showing losses of 11.2%.

Albufeira, the main tourist area for the Algarve region, registered a drop of 3%.

According to AHETA's monthly bulletin, the main increases were in Tavira, up a healthy 5.8% and Faro - Olhão up 4.3%.

Comments  

+2 #4 Bev Gibbons 2017-12-10 09:09
Yes, you are quite right. Not Brexit but the greedy action of airline companies after the collapse od Monarch. I had a client in early October from Britain who had been hit by Monach and no money back. Her choice was to pay £250 for new flight or loose the holiday.for those prices it wasn't even half term when the airlines do cane you.
Even now the prices are exorbitant.
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+2 #3 Margaridaana 2017-12-08 15:12
RG is quite right, the flight prices are not sufficient enticement right now. I too have found outward for €30 and return for well over €200, even after juggling with dates. Seems Jet2 are trying to cash in on the Monarch collapse, but it will backfire. However, I would rather stay at home than fly Ryanair!
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+2 #2 PM 2017-12-08 09:00
Also a reduction in flights with Monarch out of the picture and Ryanair reducing their flights
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0 #1 RG 2017-12-07 20:26
Don’t blame Brexit or even the exchange rate. Blame the airlines for putting the prices up! I mean how can you charge £30 out and £230 back in November? Never prices so high for this time of the year.
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