January hotel room occupancy numbers
Loule carnival is set to kick off

The Loule carnival – about which we talked a while back – is ready to start tomorrow on the 9th of February and fill the entire municipality with fun and entertainment.
This year’s Loule carnival will be socio-politically themed, “Troikered – The big circus” is its theme and the main Jose da Costa Mealha avenue will be the main staging ground for the floats and fun.
Albufeira increases beach season duration

It appears that Albufeira increases beach season duration in their try to minimize the effects of seasonality.
We tend to talk quite a bit about the idea of seasonality on this blog, and in relation to it about the various hardships that the region of the Algarve has been going through in the past couple of years. Economic downturns influence pretty much any industry, with some being more affected than others, and it is a widely known fact that tourism is one of the industries that gets hit the worst.
Algarve golf region takes UK magazine top award

Today’s Golfer – the UK golfing magazine – has yet again named the Algarve golf region as being the number one value-for-money European golfing destination and truthfully speaking now this should not come as a surprise to no one.
This is the second time running that the Algarve golf region gets the top spot, ahead of Turkey and Murcia, getting forty-three percent of the votes. On the whole the Algarve was also the one to get the most awards – six in total.
Suggested VAT rise for wine and culture may happen

We haven’t reported very much on the start-of-year financial news coming from the Algarve, but it’s about time to do so because today we’ll be talking about another potential VAT rise that will surely affect tourism to the region and that people need to be aware of.
It appears to tat the International Monetary Fund – IMF – sees some untapped financial potential for the Portuguese government to increase the VAT on goods and services like wine, processed foods and cultural events thus further widening the tax base. The current VAT for these is set at 13% and the IMF suggests that it can go up to 23%.
This assessment is part of the IMF country report which is part of the sixth evaluation of Portugal’s bailout programme.






























