Eurico Dias, Director of ISCTE talks about is experience at the Web Summit, Portugal as a business hub, opportunities in the country, developments made, entrepreneurship and tourism, exports, using their one-stop shop approach, low tax regimes, and more
The tidal wave of travel cancellations that came along with the coronavirus pandemic upended usual accommodation patterns and put heavy pressure on occupancy levels across the world. Portugal was no exception, with its always-bustling capital now much quieter than usual and a large number of its hotel rooms and vacation rentals remaining dormant. Exclusive…
The number of new listings coming onto the short-term rental market in Portugal has plunged as lockdowns to curb the spread of the coronavirus paralyzed the sector. Only 6,000 new properties have been listed across the country this year so far—the lowest figure since 2015, according to exclusive statistics provided to Via News. Out of…
Just nine orders for commercial aircraft were placed globally in August due to the coronavirus pandemic, making it the lowest for the month on record, according to aerospace trade body ADS. “The figure is a 59% decline in August 2019 and a 91.3% decline in two years ago. Since the start of the crisis in…
Both hotels and the short-term rental market are reeling from the coronavirus-driven travel collapse, but industry reports show that the latter is weathering the health crisis more successfully due to its different nature. “The features that differentiate short-term rentals from hotels—such as full-service amenities, living space, larger properties, and inventory in more remote destinations—have proven…
The economic damage to the global tourism sector as a result of the coronavirus pandemic is likely to exceed $1 trillion this year, which would set the industry back two decades, according to a new report from the United Nations. “Depending on when travel restrictions will be fully lifted, the World Tourism Organization expects international…
Like many other startups, SeaBookings had a very humble beginning but it was just the first step down a long road of adventure for a business that aspires to help tourists discover and experience the best that sea has to offer. “We were selling tickets for dolphin watching, cave tours, and BBQ cruise in…
In the whirlwind of news about the coronavirus pandemic, it can be hard to distinguish facts from rumors, false reports, and opinions. This confusion has taken a heavy toll on the tourism industry, which revolves around people and information. One example is Portugal that has been recently caught up in heated conversations about whether it…
Bidroom is a new booking website that guarantees guests always get a great deal. They call themselves a “revolutionary booking platform, that offers new solutions to both the hotels and their guests.” Their goal is to bring fairness back to the travel industry cutting out the excessive costs for both parties. They have no commission…
CARACAS Venezuela (ViaNews) – It is well known that Venezuela has enjoyed times when high rates of tourists entering the country were public and notable. However, in recent decades foreign tourism has decreased dramatically, to the point that the data and indicators do not represent a significant figure in the annual economic reports. Taking into…
