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Portugal Records Highest Tourism Growth in Europe

The World Travel & Tourism Council (WTTC), the global body that represents the private sector of the travel and tourism industry, commended the Portuguese government for recognising the importance of the sector to the overall economy, and making it a priority which has resulted in the travel and tourism sector growing 8,1 percent in 2018, contributing USD45,5 billion to the nation’s economy.

Research conducted by WTTC shows that in 2018 one in every EUR5 in Portugal came from tourism.

Furthermore, the travel and tourism sector grew by one of the highest rates in Europe and contributed one in five of all jobs in the country, further demonstrating the importance of the sector to the country. Research also confirms:

• The level of growth is the highest of any country in the European Union and significantly above the EU average of 3,1 percent
• The sector employed 1,05 million people, or 21,8 percent of all jobs
• Portugal attracted 85 percent leisure seekers and 15% business travellers
• Saw a split of 69 percent vs 31percent in terms of international and domestic visitors

WTTC predicts the Portuguese travel and tourism sector will grow by 5,3 percent this year, more than double the European average of 2,5 percent.