Best Travel and Hospitality Companies in Portugal
The 99 best Travel and Hospitality companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Brisa.
Portugal's Travel and Hospitality sector is moving money right now, and this directory ranks the 99 companies we track there by disclosed equity funding and recent momentum. Total disclosed funding hits $858M, with Brisa accounting for the lion's share at $835M. That concentration tells you something: most of the ecosystem is early-stage, scrappy, or deliberately quiet about its cap table.
The global picture is worth anchoring to. The market was valued at roughly $889.7B in 2020 and is forecast to reach $1,731.4B by 2025, a 14.2% CAGR that few sectors can match coming out of a multi-year disruption. On mobile, median install growth across 614 hospitality and travel apps is running at about +19% year-on-year, which tracks with what mobile-first travel brands are seeing in engagement. So the demand signal is clear. But here's the tension worth watching: shifting guest expectations are pushing operators toward personalization and climate-resilience planning, with severe weather advisories now shaping booking behavior in ways operators didn't price in two years ago. Portugal Ventures and Startup Lisboa remain the most active backers in this space, if you're mapping the funding graph.
- ResearchAndMarkets.com
Ranked: Best Travel and Hospitality companies in Portugal
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Brisa Operation and maintenance of highways & toll roads and electronic toll collection services | $835M | 108 mo ago | Acquired | Vasco Mello CEO | 1972 | JavaBootstrapApache HTTP Server+7 | — |
| 2 | Escape Hunt Provider of immersive escape room experiences and city hunts | $19M | 64 mo ago | Public | Paul Bart Founder & CEO | 2013 | WordPressMySQLPHP+31 | — |
| 3 | euroAtlantic Airways Portuguese airline specializing in leasing and air charter services | $4M | 26 mo ago | Series A | Stewart Higginson CEO | 1993 | WordPressApple iCloud MailMySQL+22 | 2 job openings |
| 4 | Spinach Tours Provider of car rental services | — | 44 mo ago | Seed | — | 2022 | SentryEngintronAnimate.css+19 | — |
| 5 | TAP Portugal Provider of air travel services and loyalty programs | — | 50 mo ago | Acquired | David Neeleman Co-Founder | 1944 | Node.jsSalesforceRadix UI+31 | — |
| 6 | Independente Operator of hotels and hostels | — | 53 mo ago | Seed | Bernardo DEca Leal Founder | 2010 | WordPressSentryMySQL+19 | — |
| 7 | Live Electric Tours Tour operators | — | 73 mo ago | Seed | Luis Lucas Co-Founder | 2017 | — | — |
| 8 | Azores Touch Operator of villas, hotels, and hostels | — | 78 mo ago | Seed | Sergio Cota Founder & CEO | 2016 | WordPressMySQLPHP+31 | — |
Top 11 Travel and Hospitality companies in Portugal
#1
Series A · Carnaxide, Lisbon · founded 1993 · 350 employees$4.3Mraised▾
Portuguese airline specialized in leasing and air charter, offering services for Charters, ACMI, Wet & Dry Lease, and AD-HOC quotations through their online platform. Operating diverse routes in the North Atlantic, with a focus on providing fast responses regarding flight requests. EuroAtlantic Airways has secured new funding to support their operations and continue to serve the airline industry effectively.
#2
Acquired · Sao Domingos De Rana, Lisbon · founded 1972 · 3100 employees$834.9Mraised▾
Operation and maintenance of highways & toll roads and electronic toll collection services
#3
Public · Lisbon, Lisbon · founded 2013 · 716 employees$18.8Mraised▾
Provider of immersive escape room experiences and city hunts. These experiences are designed for individuals, teams, and corporate events. Escape rooms offer themed, puzzle-solving adventures in dedicated spaces, while city hunts adapt the concept to outdoor urban environments. Additionally, the company provides at-home versions of their escape room games, allowing for remote participation. The focus is on creating engaging and challenging entertainment experiences.
- Feb 2021Post IPO$1.9M
- Jun 2020Post IPO$16.9M
#4
Seed · Lisbon, Lisbon · founded 2022 · 5 employees—raised▾
Developer of tourism operating system designed for tour operators or other entrepreneurs in the tourism area. The company specializes to provide electric convertible cars and incorporating cutting-edge technology for the development of interactive sightseeing experiences, enabling people to enjoy augmented sightseeing in an entertaining and interactive way and to experience what's around them in a relaxed and personalized manner.
#5
Acquired · Lisbon, Lisbon · founded 1944—raised▾
Provider of air travel services and loyalty programs. It offers flight bookings, check-in services, and baggage handling. The company also operates a frequent flyer program, offering members benefits such as upgrades, lounge access, and priority check-in. Additional services include hotel discounts, car rentals, and travel insurance. The loyalty program allows members to accumulate miles for travel and other rewards.
#6
Seed · Lisbon, Lisbon · founded 2010 · 74 employees—raised▾
Operator of creative hospitality company intended to provide a traveling experience. The company has a collection of variant and original properties which include hostels, suites, restaurants and hotels, enabling travelers to enjoy authentic experiences.
#7
Seed · Lisbon, Lisbon · founded 2017—raised▾
Tour operators
#8
Seed · Angra Do Heroismo, Azores · founded 2016 · 3 employees—raised▾
Provider of tour facilities and services intended to facilitate access to nature, culture, history, and people to create unforgettable experiences. The company's services include accommodation information, rental car, and tourist entertainment among others, providing global travelers with wholesome vacations.
#9
Seed · Fundao, Castelo Branco District—raised▾
Nature and culture focused travel agency
#10
Deadpooled · Carcavelos, Lisbon · founded 1986—raised▾
Provider of transportation and traffic engineering services
#11
Funding Raised · Beja, Beja · founded 2010—raised▾
Provider of personal cloud storage and backup solutions for individuals and businesses
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Travel and Hospitality coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.