Our company, GAL – Gestão de Alojamento Local, main activity is short-term rentals, touristic houses/apartments management and rental management. Our guests profile is the “typical touristic traveller who wants new experiences and touristic entertainment is fundamental”.
Short term rentals and accommodation management companies, either touristic our business rental management and rentals management, like GAL, will continue to grow and will be one of the main form of tourist accommodation, for those who look for more than just a bed. And we are getting there pretty fast.
Short term rentals (AL) has seen as exponential increase in recent years (pre pandemics), and is returning again very strong (post pandemic). And has become a profitable activity for many investors. The tourist offer that exists currently in Portugal means that the demand for accommodation units is constant, since the country does not receive tourists only in the summer. As such, companies such as GAL, Local Accommodation Management company, with their main activity of short term rentals, Touristic Houses/Apartments Management and Rentals Management are growing.
The success of local accommodation, which consists of short-term rental to tourists, is due to the fact that it fills a gap in the traditional accommodation market. The offer of common accommodation (hotels, motels and guest houses) was not meeting the new tourists expectations, those who are looking for a better quality/price ratio.
Local accommodation units provide a better balance between convenience and final price. Companies such as GAL – Gestão de Alojamento Local, whose main activity is Tourist rental management, tourist apartment management, rental management, in addition to offering a better location than some hotels, have a more informal and personalized service, attracting more customers.
In 2017, more than 12 million tourists visited our country. They were attracted by the sun, the beaches, the cuisine and the cultural, heritage and religious heritage.
Local accommodation can, therefore, be an excellent investment option for anyone studying the real estate market, as it will allow you to continuously monetize the properties you purchase.
