Housing
Short-term rentals in the Azores expect "worst results ever" due to Ryanair's departure
Local accommodation businesses in the Azores are facing their worst revenue results on record following Ryanair's exit in March. Between April and July, overnight stays in the sector dropped 7.6% compared to the same period last year, and owners report that the current reliance on flag carriers has led to significantly higher transport costs for travelers.
Why it matters
If you are a property owner or investor in the Azorean short-term rental market, the sector's decline and rising operational costs may significantly impact your business's profitability or long-term viability.The Portugal NewsRead original ↗
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