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Algarve expects “all-round growth” in 2016

Algarve expects “all-round growth” in 2016

The Algarve is booming. Not only is it attracting more tourists, there are also more people buying and renting homes here. Business is improving so much that several hotels no longer plan on closing for the winter, and the list of optimistic forecasts goes on. If expectations were already high for what’s to come in 2016, they are definitely soaring now. National newspapers have reported the good news, predicting “all-round growth” for the Algarve, mostly the region’s “hotel and real estate sectors”. The success of this Easter season is only adding to the excitement. “When Easter is in March, there is usually less demand in the Algarve as it’s normally too early for beach weather, but this year we registered a 5% increase (in hotel room bookings),” said hotel association (AHETA) president Elidérico Viegas. He added that “reservations for this summer are already 30% above what they usually are at this time of year”. But perhaps even more important is that reservations are already being made for as late as November – a time when several hotels in the Algarve have usually already closed for winter.

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