Hotel Growth

CBRE Market Analysis

“The rate of development of new hotels, including national and international chains, should continue high, particularly in Lisbon. Currently, a total of 40 new hotels are under construction or at a planning stage, whose inauguration is expected for 2016/2017”.

Concerning the future outlook, the Consulting study affirms that, in the case of Lisbon, new hotels should be added to the project

“A significant amount of construction for local housing \ residences, which is already an important part of the offer and also Porto, will underpin a considerable growth rate of demand and supply, with the opening of various reference units over the next few years”.