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LVMH-Backed Fund Buys Sintra's Penha Longa Resort in Push to Build European Luxury Hotel Empire

LVMH-Backed Fund Buys Sintra's Penha Longa Resort in Push to Build European Luxury Hotel Empire

One of Portugal's most iconic luxury resorts has changed hands, signaling growing confidence among global investors in the country's high-end hospitality market — even as broader tourism trends show signs of cooling. The Penha Longa Resort in Sintra...

The Portugal Brief 27 Mar 2026

Diesel 40 Cents Cheaper, Gas Half Price: Why Portuguese Drivers Still Cross into Spain to Fill Up

Diesel 40 Cents Cheaper, Gas Half Price: Why Portuguese Drivers Still Cross into Spain to Fill Up

For decades, Portuguese drivers living near the Spanish border have made a ritual of crossing over to fill their tanks. Fuel has long been cheaper on the other side, and for those within easy reach of Ayamonte, Badajoz, or Tui, the savings add up...

The Portugal Brief 27 Mar 2026

Portugal Proposes English Proficiency and Math Requirements for University Admission

Portugal Proposes English Proficiency and Math Requirements for University Admission

Portuguese universities may soon require incoming students to demonstrate minimum competency in English, mathematics, and literacy under proposed legislation that would fundamentally alter access to higher education in a country where language...

The Portugal Brief 27 Mar 2026

Bank of Portugal Slashes Growth Forecast as Middle East War Hits Economy

Bank of Portugal Slashes Growth Forecast as Middle East War Hits Economy

Portugal's economy faces a sharper slowdown than anticipated as the Bank of Portugal cut its 2026 GDP growth forecast to 1.8%, down from December's 2.3% projection—a revision driven by the escalating conflict in the Middle East and severe winter...

The Portugal Brief 27 Mar 2026

Portugal's Essential Food Basket Hits a Record 254 Euros as Supermarkets Warn War-Driven Costs Will Reach Shelves in April

Portugal's Essential Food Basket Hits a Record 254 Euros as Supermarkets Warn War-Driven Costs Will Reach Shelves in April

The cost of a standard basket of 63 essential grocery items in Portugal reached 254.40 euros this week, according to data published on Thursday by the consumer protection organisation Deco Proteste. It is the highest figure since the organisation...

The Portugal Brief 27 Mar 2026

War Diverts Summer Tourists to Portuguese Resorts, but Hoteliers Warn the Boost Will Be Short-Lived

War Diverts Summer Tourists to Portuguese Resorts, but Hoteliers Warn the Boost Will Be Short-Lived

Portugal's hospitality industry faces a summer of contradictions. Resort destinations may see a short-term surge in bookings as tourists divert away from the eastern Mediterranean and Gulf states, but the sector's own trade body is warning that the...

The Portugal Brief 27 Mar 2026

Inside the PS Congress: Portugal's Main Opposition Party Arrives in Viseu With No Clear Direction

Inside the PS Congress: Portugal's Main Opposition Party Arrives in Viseu With No Clear Direction

When the Partido Socialista gathers in Viseu this weekend for its national congress, the mood will be one of introspection bordering on anxiety. The party that governed Portugal for most of the past decade now finds itself in opposition with no...

The Portugal Brief 26 Mar 2026

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