Lisbon, Portugal (Photo by WeSetupYourWebViewApp on Unsplash)

Lisbon’s Short-Term Rentals: Occupancy Plummets, But Some Signs of Recovery

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…

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Photo by Louis Droege on Unsplash

COVID-19 Stifles Supply of New Short-Term Rental Listings in Portugal

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…

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Photo by Rúben dos Santos on Unsplash

Short-Term Rentals Outperforming Hotels in Pandemic Era

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…

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Photo by Markus Spiske on Unsplash

COVID-19: $1 Trillion Loss Could Set Global Tourism Industry Back 20 Years

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…

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Bidroom Team.

“There Are Excessive Online Hotel Commission Rates by Online Travel Agencies,” Says Bidroom COO

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…

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Venezuelan tourism sign. Photo by: Osman Fernandez.

Is Venezuelan Government Concealing Information to Hide Crisis in Tourism Sector?

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…

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