Tourism

Tourism is back, stronger than ever. Where do you want to go?

$0.0tn

Global Spend on Tourism 2024

0%

Travel and Tourism share of Global GDP

$000bn

China Domestic Travel Market

Our approach

Independent. Intelligent.


Deep Industry Insights

Our experts have worked in the Tourism industry for many years, amassing a wealth of knowledge and experience that we bring to all our projects.


Client Results

Our focus is always to achieve the best outcome for the client, whatever that outcome is. Our advice is always impartial and independent.


Global Strategy Thought Leaders

Horwath HTL experts can be found speaking at over 100 events a year. Often quoted, we produce many pieces of high class research and work with many universities and industry bodies to solve industry wide problems.


Institutions

Horwath HTL have been asked to work on governmental projects to promote and inspire the next generation of industry solutions. We work with the World Bank, European Union, EBRD and many other key institutions.

000+

Experts Globally

00K

Projects Completed

000+

Years in Operation

00

Global Offices

Horwath HTL

Industry Focus

How much is too much?

Two massive innovations over the last 20 years 
have fuelled a tourism boom; low cost airlines 
and the short term rental market. But at what cost? And is it too late to make a change?

Capabilities

Creative solutions

Clarity in a complicated world.

Strategy and Planning

It can be hard to know what the right move is. We understand the path ahead, let us help you succeed.

Growth, Sales and Marketing

Do more with what you have. Get your focus and resources to the right place.

Operational Support

What gets measured gets done, so start measuring. We show you the standards, then help you smash through them.

Valuation and Transaction Advisory

When there is a deal to be done, you may only have one chance. Let's get it right.

Sustainability

Sustainability and financial performance are two sides of the same coin. Future proof your assets.

Research

Expert insights

Cutting-edge analysis.

Report

Portugal Hotels & Chains Report 2025

Welcome to the 2025 Portugal Hotels and Chains Report, a comprehensive exploration of the dynamic hospitality industry in Portugal. This report delves into the unique opportunities and challenges facing this flourishing market, offering valuable insights. Portugal’s hospitality industry continues to stand out as one of Europe’s most dynamic and resilient markets. In 2024, the country reinforced its position as a top-tier global tourism destination, buoyed by sustained demand, growing international interest, and a robust investment environment. While traditional destinations like Lisbon, Porto, and the Algarve remained strongholds of growth, there was a notable surge in visitor numbers to lesser-known regions, signalling a broader diversification of tourism flows.

José Gil Duarte
José Gil Duarte
Managing Director, Portugal
Viewpoint

Tourism, real estate, and the challenges of urban balance

In many of Portugal’s major cities, public spaces have become venues for demonstrations demanding more affordable housing. Tourism is often seen as a key contributor to various urban challenges, with critics pointing fingers at real estate developers who prefer the profitability of tourist accommodations over providing residential options for the middle class. Additionally, local and central authorities are often criticised for favouring these interests.

António Fontes
António Fontes
Senior Director, Portugal
Viewpoint

Tourism is a value of civilisation

Portugal has seen sustained growth in tourism, fueled by the increasing international recognition of its unique value proposition and substantial investment in the sector.

José Gil Duarte
José Gil Duarte
Managing Director, Portugal