Annual average rates in Local Accommodation drop 7% in Lisbon and 6% in Porto

22 Jun 2020

Pandemic compressed Local Accommodation prices, but in a moderate away. The annual average rate of Local Accommodation dropped 7% in Lisbon and 6% in Porto in May when compared to January, revealed the Índice do Alojamento Local (Local Accommodation Index) – IAL.

Annual average rates in Local Accommodation drop 7% in Lisbon and 6% in Porto