The latest official statistics from the “INE” (Instituto Nacional de Estatísticas) may prove to be flawed since their records only take into account 1,831 official “AL” offerings. In contrast, the National Registry of Local Lodging (RNAL) tallies almost 50,000 enrolled “AL” establishments. Beyond these “aboveboard” businesses, there are still thousands of “underground” units in operation.
When considering Local Lodging – homeowners letting to holidaymakers – the “peer-to-peer” model springs to mind. However, there is a parallel “Local Lodging” economy, one that mimics the traditional tourist mould far more closely that one might expect. From the Algarve to Aveiro, there are seven major hotel groups that, in addition to their conventional hotel resorts, are engaged in “Local Lodging”, taking advantage of the simplified rules available under Local Lodging. In all, these major economic groups have more than 350 “AL” apartments in the tourist market. Continue reading