Lisbon Hotel Prices Drop, More Reductions Expected by Year's End
Hotel prices in Lisbon have started to decrease, with a drop of one euro this summer. More than half of the city's hotels anticipate further reductions by the end of the year, according to industry predictions.
The summer saw a one-euro decrease in hotel prices in Lisbon. This trend is set to continue, with over 50% of Lisbon's hotels expecting prices to fall even further before the year's end. The outlook for hotel prices remains subdued throughout the remainder of the year.
The Association of Portuguese Hoteliers, though not directly quoted, is likely involved in these projections. They often provide insights into the hospitality industry's trends and outlooks.
Lisbon's hotel prices have started a downward trend, with more decreases expected by the end of the year. This subdued outlook is expected to continue, offering potential savings for travellers planning visits to the city.
