Tourism - June 2016
Overnight stays spent in the Azorean hotel establishments increased by 14,1% in June 2016 compared with June 2015. From January to June, overnight stays spent in the Azorean hotel establishments increased by 29,7% compared with the same period in 2015. Overnight stays spent by residents increased by 24,5% and overnight stays spent by non-residents increased by 34,3%. Guests registered an increase of 15,3% in June and an increase of 27,3% from January to June. In June 2015, the average stay was 2,97 nights (-1,0%) and the bed occupancy rate stood at 58,5% (3,2 p.p.).
Total revenue increased by 27,0% and revenue from accommodation increased by 27,2% in June 2016.
RevPar was EUR 44,1 and registered an increase of 18,2%.
Quarterly Bulletin - 2nd quarter of 2016
The employment estimated for the 2nd quarter of 2016 in Azores, registered a positive evolution ( 1,9%) when compared with previous quarter and a negative evolution (-0,4%) when compared with same quarter of 2015. According to the available indicators, the Azorean economic activity has shown a global positive evolution.
Employment Statistics – 2nd quarter of 2016
The employment estimated for the 2nd quarter of 2016 is up 1,9% from previous quarter and down 0,4% from the same quarter of 2015.
The unemployment rate estimated for the 2nd quarter of 2016 was 10,0%. This value is down 0,3 percentage points (p.p.) from the same quarter of 2015 and 1,4 p.p. from the previous quarter. The national average was the same rate 11,0%. (The region of Algarve is the lowest rate with 8,1%).