Portugal is set to beat privatisation revenue goals by selling domestic airport operator ANA to French construction firm Vinci. The deal, reportedly worth €3 billion, will set a world record for such transactions, according to the Portuguese government.
The term ‘staycation’ may have been applied more liberally to people from the UK opting to stay and holiday at home, rather than head off to foreign climes, but it’s not solely a UK phenomenon it seems. A revealing report from the Portuguese National Statistics Institute (INE), showed that in comparison to 2010, residents of Portugal have travelled significantly less.
Road, rail and air traffic has been severely disrupted in Portugal as workers walk out on strike over a proposed austerity budget. Members of the UGT and CGTP trade unions have joined the industrial action, which is expected to last for 24-hours.
The Post Office Family Holiday Report has revealed Portugal to be the best value family destination for Brits this summer, closely followed by Bulgaria, Spain and Croatia.
Despite widely varying costs of many beach items and family days out across Europe this summer, many UK families jetting off to Portugal look set to get good value from their travel money when eating out, according to Post Office Travel Money’s new Family Holiday Report.
Portugal will host four major sporting events over the course of October, highlighting the country’s international standing as a world-class sporting host. The Portugal Masters, one of the key tournaments of the European PGA Tour, as well as the Superbike Portugal GP, the World Enduro Championship, the Rip Curl Pro Search Surfing Championship and the ARWC World Championship will all take place in Portugal supported by Turismo de Portugal, the Portuguese National Tourist Board.
Nick Faldo today announced details of a 36-hole golf course design project at the Monte Rocha Golf Resort in the Alentejo, southern Portugal.
Marta Castanheira, Marriot Praia D’El Rey, Portugal speaks to Breaking Travel News at World Travel Market 2008
Breaking Travel News interviews Portugal at WTTC 2008, Dubai.