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Accommodation in Portugal - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

PT-I55 April 2024 Factsheet

Revenue

€4.3bn

2019-2024 7.6 %
2024-2029 X.X %

Employees

84,027

2019-2024 0.8 %
2024-2029 X.X %

Businesses

14,530

2019-2024 19.1 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Accommodation in Portugal market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Portugal compared to Europe?

Country Benchmarking

Industry Data Portugal

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#12 In Europe
Business
#10 In Europe
Employees
#10 In Europe
Wages
#10 In Europe

The Accommodation in Portugal ranks 12nd in Europe with regards to its 2024 revenue (€4.3bn). Revenue received by operators in Portugal has been low in volatility over the past five-year period, with the average annual change in revenue (7.6 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Accommodation industry in Portugal in 2024?

The market size of the Accommodation industry in Portugal is €4.3bn in 2024.

How many businesses are there in the Accommodation in Portugal industry in 2024?

There are 14,530 businesses in the Accommodation industry in Portugal, which has declined at a CAGR of 19.1 % between 2019 and 2024.

Has the Accommodation industry in Portugal grown or declined over the past 5 years?

The market size of the Accommodation industry in Portugal has been declining at a CAGR of 7.6 % between 2019 and 2024.

What is the forecast growth of the Accommodation industry in Portugal over the next 5 years?

Over the next five years, the Accommodation industry in Portugal is expected to grow.

What are the biggest companies in the Accommodation market in Portugal?

The biggest companies operating in the Accommodation market in Portugal are Diageo plc and Club Travel Ltd

What does the Accommodation in Portugal include?

Hotels and Guesthouses, bed & breakfast units, visitor flats are part of the Accommodation industry.

Which companies have the highest market share in the Accommodation in Portugal?

The company holding the most market share in Portugal is Diageo plc.

How competitive is the Accommodation industry in Portugal?

The level of competition is moderate and steady in the Accommodation industry in Portugal.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

The industry includes short-term, temporary and temporary long-term accommodation. Short-term holiday accommodation includes hotels, holiday villages, vacation homes, hostels and cottages. Temporary accommodation includes railway sleeping cars, student halls and boarding houses. Camping grounds, recreational vehicle parks and trailer parks are also included.

What's included in this industry?

HotelsGuesthouses, bed & breakfast units, visitor flatsHoliday homesHostelsCamping grounds and trailer parksStudent residencesOther

Industry Code

ISIC 2006

55 - Accommodation in Portugal

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Accommodation in Portugal
  • Employees in the Accommodation in Portugal
  • Business in the Accommodation in Portugal
  • Profit in the Accommodation in Portugal

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Accommodation in Portugal industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Accommodation in Portugal industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

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