Society

Spread of tourism in Porto has produced economic and employment benefits

  • Article

    Article

#mno_porto_miradouro_vitoria.jpg

According to PwC, Porto is expected to see growth in 2017 and 2018. The latest study by one of the world's largest professional services networks, PwC, indicates that strong demand has propelled the city of Porto into the spotlight.

In 2017 Porto leads the growth pack with almost 15% RevPAR growth anticipated; Dublin comes second in the rank and could see 8.7% RevPAR growth.

The study also indicates that Budapest, Madrid, Lisbon, Prague and Barcelona can expect a robust growth.

As for occupancy rates in Porto, "they are expected to increase consistently, such as ADR (daily average price) and RevPar," so reads PwC press release on this matter.

This is due to a number of reasons, namely greater confidence in the nation's economy and also the continuity of cultural and health processes in Porto.

Cities have been selected regarding qualitative characteristics of relevance within the European context.