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Tourism - May 2016
15.07.2016
Overnight stays spent in the Azorean hotel establishments increased by 19,6% in May 2016 compared with May 2015. From January to May, overnight stays spent in the Azorean hotel establishments increased by 36,0% compared with the same period in 2015. Overnight stays spent by residents increased by 27,8% and overnight stays spent by non-residents increased by 44,5%. Guests registered an increase of 14,0% in May and an increase of 31,8% from January to May. In May 2015, the average stay was 3,06 nights (5,2%) and the bed occupancy rate stood at 50,7% (6,0 p.p.). Total revenue increased by 27,1% and revenue from accommodation increased by 24,4% in May 2016. RevPar was EUR 34,1 and registered an increase of 18,4%.
Economic Activity Indicator (IAE – Açores) - May 2016
14.07.2016
In May, the Azorean Economic Activity Indicator (IAE - Açores) continues to be above 4%.
June Retail Sales Index
14.07.2016
June retail sales index– foodstuffs increase by 0.35%, constant prices (correct for seasonality and calendar effects) from May. The 12 month average shows a 1.03% increase of the index value.
Consumer Price Index - June 2016
12.07.2016
The 12-month average rate of the Consumer Price Index (CPI), was 1,13% in june 2016. The annual rate increased to 0,71%. The monthly rate was in june 2016 0,23%.
IAT-Açores - Tourism Leading Indicator for the Azores
08.07.2016
Based upon an econometric model developed by SREA and data gathered up to this date, namely the evolution of aerial passengers disembarked in Azorean airports and of the value of ATM cash withdrawals, it is estimated that the nights spent at traditional hotels and similar accommodation during the month of Jun is 174 thousand.
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