PORTUGAL - TRAVEL AND TOURISM
Tourism is an important sector in the region’s economy since it contributes 20% to the region’s GDP, providing support throughout the year for commercial, transport and other activities and constituting a significant market for local products. The share in Gross Value Added of hotels and restaurants (9%) also highlights this phenomenon.
The island of Porto Santo, with its 9 km long beach and its climate, is totally devoted to tourism. Over the past decade it has recorded a substantial increase in its hotel accommodation capacity.