With Lisbon and Porto fast building a global reputation as top city break destinations, international hotel groups are flocking to these booming tourism markets.
London's hotel occupancy rose 5% to 81.9% in December, preliminary monthly data from STR shows. ADR increased 6.2% to £156.47 ($201.06) and RevPAR jumped 11.4% to £128.09 ($164.60).
Across Spain, hotels are prominently flagging their green credentials as they increasingly take steps to reduce their environmental footprint and appeal to a new generation of eco-aware consumers.
Building on Octobers GOPPAR gains, UK hotels successfully produced a second consecutive month of profit growth in November, positioning hotels in the region to achieve another successful year of trading, according to the latest data tracking full-service hotels from HotStats.