First Algarve residential tourism and sustainability conference launches in November

The first edition of a new conference that examines the residential tourism sector in the Algarve and its medium and long-term sustainability will be held in November.

An initiative by tourism development consultant Andrew Coutts, CEO of the ILM Tourism and Hospitality Real Estate Group Portugal, co-organised by the Dengun Digital Agency, the one-day conference will be held at the Anantara Vilamoura Algarve Resort on Friday, November 23.

The event includes an impressive line-up of keynote speakers, all experts in their fields, including André Jordan, from the Grupo André Jordan; Scott Bennett, Vilamoura World; Pedro Fontainhas and Carlos Leal, Portuguese Resorts Association (APR); Miguel Fernandes, Dengun; Júlio Delgado, Ombria Resort; Gerry Fagan, DPM; Ricardo Guimarães, Confidencial Imobiliário; Charles Weston Baker, resort development consultant; Alexandra Gonçalves, regional director of Algarve Culture; and Bruno Mendes, IAD Portugal.

Ten years after the start of the global financial crisis and now nearly three years into the recovery and expansion phase of the market, the conference will address the strategic aspects of the residential tourism segment within the context of the Algarve tourism economy, a sustainable development strategy for the destination and the markets inherent economic cycle.

Conference themes include: creating a sustainable Algarve tourism destination; the tourism multiplier effect on residential tourism and tourist lodging; Traveller Tribes 2030 – new markets and demand drivers; seniors, retirees, millennials — which demographic?; New investors, short-termism, market cycles; social media and digital marketing, new sales distribution channels and players; new resort and tourist lodging concepts, product trends and innovation; authenticity and embracing new cultures.

Andrew Coutts says: “What makes this conference different is that it is very focused on the Algarve and, while there has been significant excitement in terms of investment and development generated by Lisbon and Porto, the Algarve has shown a more timid response in terms of investment interest.

“There are many sites in the Algarve that have outline planning permission that can be explored and projects that were in the pipeline some 15 years ago before the crisis, which were never developed or indeed need to be redeveloped, rethought and reenergised to reflect changes in the market since then.”

Andrew Coutts says that in terms of the sustainability movement, Portugal is “somewhat behind the curve” and now, just three years after the end of the crisis, this needs to be explored and discussed.

“The Algarve is a long thin east-west region and most of the development is along the coast, yet there are some stunning environments inside which are suffering from desertification with young people leaving the area. We are hoping to create a dynamism and movement for operators, investors and developers, and we feel that the current optimism and feel-good atmosphere is propitious for such an event at this time where stakeholders can come together and discuss the issues and opportunities that exist for some of these areas,” concludes Andrew Coutts.

The Open Media Group, publishers of the Algarve Resident newspaper, is proud to be Media Partner for this event.

www.residentialtourismconference.com

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