*Total number of properties analyzed from the 2,244 establishments registered in the RNT – Registo Nacional de Turismo.
Because international investment is usually done through national subsidiaries, the ultimate owner or holding company was considered for the study.
The sources does not provide the exact date of data retrieval. Date of survey corresponds to the date of publication.
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Portfolio of hotel owning companies in Portugal 2021, by capital type and origin
In 2021, the majority hotels in Portugal were owned by domestic investors across all company types in the country's hotel property market. However, this was less pronounced among institutional investors. In that case, ** percent of hotels were owned by companies of this type but which were based in other countries.
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Horwath HTL. (October 1, 2021). Distribution of hotel properties in Portugal as of October 2021, by origin and type of owning company [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1306436/hotel-owner-origin-capital-type-portugal/
Horwath HTL. "Distribution of hotel properties in Portugal as of October 2021, by origin and type of owning company." Chart. October 1, 2021. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1306436/hotel-owner-origin-capital-type-portugal/
Horwath HTL. (2021). Distribution of hotel properties in Portugal as of October 2021, by origin and type of owning company. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1306436/hotel-owner-origin-capital-type-portugal/
Horwath HTL. "Distribution of Hotel Properties in Portugal as of October 2021, by Origin and Type of Owning Company." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Oct 2021, /statistics/1306436/hotel-owner-origin-capital-type-portugal/
Horwath HTL, Distribution of hotel properties in Portugal as of October 2021, by origin and type of owning company ÌÇÐÄÆÆ½â°æ, /statistics/1306436/hotel-owner-origin-capital-type-portugal/ (last visited August 05, 2026)
Distribution of hotel properties in Portugal as of October 2021, by origin and type of owning company [Graph], Horwath HTL, October 1, 2021. [Online]. Available: /statistics/1306436/hotel-owner-origin-capital-type-portugal/