Arena Market: Portugal
Few markets have rebounded as well post-Covid as Portugal. By 2022, tourism was up 20% compared to 2019 figures and grew a further 10.7% in 2023.
“Our pipeline indicates stability compared to the last couple of years, which were two of the best ever, with 80 to 90 shows a year and also major international conferences and business events,” says Jorge Vinha da Silva, CEO of Lisbon’s MEO Arena (formerly known as the Altice Arena).
“Overall, we host 150 events a year.”
The main stop for artists at arena level in Portugal, the MEO can be configured in several ways – from 4,000 to 20,000 in standing configuration or 13,000 seated. Recently, they hosted Depeche Mode and Dave Matthews Band, and the strength of current demand is evident in the fact that both Olivia Rodrigo and Karol G, due to play there soon, have booked two shows each.
“Our pipeline indicates stability compared to the last couple…