From January to September of this year, the Portuguese tourism industry received around 16.5 million visitors and recorder close to 46 million overnight stays, writes the Tourism Review.
That said, the industry in the country is beginning to slow down, albeit slightly, as the fall in terms of overnight stays is 0.5%, according to official data.
Portugal is reinforcing its standing as a world-class tourism destination as it steps up to host the most important night of the year for the global travel and tourism industry.
The World Travel Awards (WTA) Grand Final Gala Ceremony 2018 will take place at Lisbon’s historic Pátio da Galé on 1st December 2018, with the leading decision-makers, figureheads and influencers of travel to attend.
The former Socialist government minister, Armando Vara, will go to prison after losing his final appeal at the Constitutional Court in the Face Oculta case for which the trial started back in 2011.
Vara has been charged with influence peddling in the inquiry and subsequent trial, and was sentenced to five years in the jug.
After the recovery of the second victim of the collapsed road accident at the quarry near Borba, operations now are focusing on searching for the missing vehicles.
The Civil Protection Authority says that the weather is hampering operations, so only slow progress is expected.
The Via do Infante User Commission maintains that the Socialist Party government and the opposition parties have a new "golden opportunity" to vote in favour of the elimination of tolls on the Algarve’s Via do Infante motorway in view of a proposals presented by the Left Bloc and the Communist Party.
"These political parties have one more golden opportunity to redeem themselves and to vote in favour of the proposals of the Left Bloc and the Communist Party presented in the details of the State Budget for 2019. The Algarve is watching these negotiations in parliament,” the Commission said in a statement.
Rod Stewart, the veteran British singer, will be rocking the Altice Arena next summer while promoting the September release of his latest album, ‘Blood Red Roses.’
The ‘Rod Stewart Live In Concert’ tour kicks off in Southampton on May 31 and will be in Portugal on July 1st in Lisbon.
Old habits die hard in Portuguese banking as news is leaked that Montepio has lent €148.3 million to businessman Rui Alegre against guarantees amounting to just 40% of the loan.
Caixa Económica Montepio Geral has an exposure of about 150 million euros to the business group that wanted to create cruise lines.
The sale price of houses in mainland Portugal increased by 15.6% in September, according to the Confidencial Imobiliário Residential Price Index, released today.
In monthly terms, the rise was 1.3%, according to the residential market tracker.
