Algarve Tourism Operators Report: August Revenue Below Expectations
Tourism in the Algarve was weaker than expected in August. Some maritime-tourism businesses earned only half of their usual revenue. Rui Cardiga, an operator in Lagos, said it was one of the worst summers he has seen. On some days, boat tours did not sell any tickets.
Fewer British tourists visited this year. Some chose cheaper destinations like Turkey or Bulgaria. High accommodation costs reduced spending on tours and dining. Bad weather earlier in the year also affected bookings.
Key Impacts on Tourism and Local Economy
- Demand for real estate agents may decrease.
- Need for accountants and notaries may fall.
- Construction projects and property services are affected.
- Operators hope for better results in September, depending on accommodation costs and weather.
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