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Lisbon: the abundance of wealth might be a nuisance

7 min reading time

Published on 10/05/10 - Updated on 17/03/22

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Lively, cultural, with a rich past, Lisbon has all it takes to attract to attract tourists, if it weren’t for its outlying geographic location. But the Portuguese capital has not yet concretized all the hope that hoteliers could offer it. The abundance of upscale properties weighs on the results of a hotel business with average daily rates well below those of other major cities. And several dynamic Portuguese groups have made Lisbon one of their areas favorite areas for development…

Happy is he who, like Ulysses, has made a long journey… and discovered the undeniable charm of Lisbon, one of the oldest capitals of Europe, loaded with history and multiple influences. Lisbon is powerfully seductive. Chic Chiado, trendy Bairro Alto, Afama the cradle of the fado, the nocturnal...

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