The most recent annual study on the main trends in the labour
market for the next year by Michael Page, addressed several sectors, including
the hotel and tourism sector, which registered a “gradual growth throughout the
year and record billings at times compared to 2019”.
The recovery in the hotel and tourism sector also led to the
resumption of investment projects, which led to an “increase in international
investment in Portugal, especially in the area of hotels and local
accommodation, with emphasis on private investments and smaller chains that saw
enormous potential for the development of their businesses”.
According to the study by Michael Page and reported by Publituris, with the recovery,
“salaries have become more competitive” and there is now “a greater capacity
for attracting candidates, in a market where the offer is considerably greater
than the professionals available”.
For this reason, adds the recruitment company, the
“difficulty in recruiting profiles for the hotel and tourism sector was even
more accentuated in 2022”, which led to “a slight salary increase in this
sector” and the “implementation of other measures with benefits for employees”,
such as fixed or combined days off, free weekends per month, health insurance
or food subsidy.
“As a salary reference, a General Director of Operations can
earn up to €110,000 and a Hotel Director up to €90,000, both in the Lisbon
area”, estimates the company, which also says that, in the hotel and tourism
sector, salaries in more operational functions increased between 5% and 10%.