Service 06 · Tourism
Specialists in
Madeira tourism.
Madeira is a world-class tourism destination. Your accounting should reflect that excellence, with sector metrics, real margins and full compliance.
What we include
Services for Tourism & Hospitality
Hotels & Resorts
Specialist accounting with hospitality metrics: RevPAR, ADR, occupancy. Monthly sector-specific reports.
Tourism Activities
Accounting for RNAAT companies: boat trips, jeep tours, whale watching, adventure activities and tourist transfers.
Restaurants & F&B
Recipe costing, F&B margin control, prime cost and inventory. Specific management for restaurants and catering services.
OTA & Digital Platforms
OTA commission reconciliation (Booking, Airbnb, Expedia). Payment reconciliation from platforms with the accounting records.
VAT in Tourism
Management of sector-specific VAT: profit margin scheme for agencies, reduced rates on accommodation and food.
Licensing & Compliance
Support in RNAAT, RNAL licensing and compliance with Tourism of Portugal and Municipality requirements.
The process
How we work
Sector assessment
Analysis of the tourism activity, type of licensing, distribution channels and sector-specific reporting needs.
Metrics setup
Definition of relevant hospitality KPIs and accounting system configuration to automatically generate sector analyses.
Monthly reporting
Monthly reports with sector metrics: occupancy, RevPAR, F&B margins and year-on-year comparison.
Strategic review
Quarterly review with recommendations to optimise pricing, margins and cost structure of the tourism operation.
FAQ
Questions about Tourism & Hospitality
RevPAR (Revenue Per Available Room) is the fundamental hospitality metric, calculated by multiplying the occupancy rate by the average daily rate (ADR). It indicates the efficiency of revenue generation per available room, regardless of occupancy.
Our monthly reports include RevPAR, ADR, occupancy and YoY (year-over-year) comparison for all hospitality clients.
Yes. RNAAT (National Tourism Activity Agents Register) registration is mandatory for companies offering tourism activities: tours, adventure sports, whale watching, jeep tours, among others.
We support the registration process with Tourism of Portugal and the maintenance of specific tax and accounting obligations for these companies.
Commissions charged by OTAs such as Booking.com and Airbnb are intermediation services subject to VAT by reverse charge when the supplier is non-EU resident, or with VAT included when the supplier is EU resident.
We perform monthly reconciliation of all OTA commissions and ensure correct VAT treatment, which is a frequent source of errors in sector companies.
Hotel accommodation and holiday letting services benefit from the reduced VAT rate of 6% in Portugal. However, other services provided by the hotel (spa, parking, minibar) may be subject to different rates (6%, 13% or 23%).
Correct application of VAT rates in hospitality is complex and requires specific attention, it is one of the areas where we frequently find errors in new sector clients.
Next step
Your tourism business
deserves specialisation.
We know the sector. Response within 24 hours.
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