The Azores Tourism Indicator, released yesterday by the SREA, predicts that there will have been around 370,500 overnight stays in the month of October in all tourist accommodation establishments (hotels, local accommodation, and rural tourism) in the Azores.

This estimate of overnight stays is 12.4% higher than the final figure for the same month last year (329.6 thousand).

It should be remembered that the Tourism Indicator (IT-Açores), which is the responsibility of the Azores Regional Statistics Service, is an advanced indicator and aims to estimate in advance the economic progress of the tourism sector in the Autonomous Region of the Azores, using the number of overnight stays in hotels (hotels, apartment hotels, tourist apartments and inns), local accommodation (10 and more beds and less than 10 beds) and rural tourism.

More card purchases and withdrawals

The SREA revealed yesterday that in October 2024, purchases made using bank cards at ATMs in the Azores amounted to 167.4 million euros, a 15.0% year-on-year increase.

Of these, around 147.5 million euros are purchases made with national bank cards, representing a year-on-year increase of 15.1%, and around 19.9 million euros are related to purchases made with international bank cards, which translates into a year-on-year increase of 14.2%. Payments for services created using bank cards at POS in the Azores totaled around 1.7 million euros, representing a year-on-year decrease of 7.4%.

In the same month, AC withdrawals in the Azores amounted to 47.8 million euros, corresponding to a year-on-year increase of 3.4%. Of these, around 45.7 million euros were domestic withdrawals, representing a year-on-year increase of 3.8%, and around 2.1 million euros were international withdrawals, representing a year-on-year decrease of 5.4%.

Payments for AC services totaled around 8.8 million euros, a year-on-year increase of 4.4%.

In Diário dso Açores-Osvaldo Cabral-director

Translated to English as a community outreach program from the Portuguese Beyond Borders Institute (PBBI) and the Modern and Classical Languages and Literatures Department (MCLL) as part of Bruma Publication and ADMA (Azores-Diaspora Media Alliance) at California State University, Fresno, PBBI thanks Luso Financial for sponsoring NOVIDADES.