Despite gloomy forecasts and the seasonal closure of record numbers of the Algarve’s hotels, those that remained open did good business in December, takings were up on last year anyway with revenues in the Algarve resorts increasing by 2.2 % in the month. This may not sound much but it is better than the alternative and shows a measurable positive trend.
The increased take in December, according to the ever-cheerful Association of Hotels and Resorts in the Algarve, was due to an increase in average occupancy rate for the quarter of 26.1%, this was a welcome 4% above the figure for the same period in 2012.