Awesome news for YesRevenue as we entered a boosting market of Portugal. A brand new client, a beautiful 3*** hotel located in downtown Porto is our newest project!

No time to rest – in the time span of 14 days, we have completed the analysis of historical trends, identified future opportunities, conducted a room category and rate category revision & the most important task -> implemented a 100% flexible room rate strategy!

Average Daily Rate Growth 2011 – 2019 Porto

Porto hotel & hostel market offers amazing opportunities for the implementation of revenue management due to its high compression rate during the high season and especially during some of the most important events in the city (Essência do Vinho, Easter, NOS Primavera Sound, São João Festival and others).

For four years now, Portos’ RevPAR is seeing a double-digit growth. 2017 was an amazing year for the city – hotel market experienced the average +21% RevPAR growth, therefore it comes as a no surprise that bed supply is growing fast – in 2018 and 2019 there will be 16 new hotel openings, adding about +900 rooms to the market.

PwC anticipates a continuous RevPAR growth for Porto in 2018 & 2019 (+10.3% & +5.2%) – the highest out of the major European cities; Lisbon & Amsterdam are expected to reach a +7% growth in 2018 and Milano & Paris a +4% growth in 2018..

Want to know more about revenue management and online distribution? Curious how we do it?

Follow the LINK or email us directly (info@yesrevenue.com) with any questions, we are happy to share tips and advise our fellow hoteliers.

Zan Bregar,
Managing Director @ YesRevenue