Lisbon's Tourist Boom: The Heart of the Battle

October 5 -- Tourism has helped lead Portugal out of recession, with the industry forecast to account for more than 15 percent of Portugal’s 2015 GDP. One of the country's hottest destinations is Lisbon's 'Pink Street', a pedestrianized road packed with bars and clubs. But residents say they are being pushed out of their own neighbourhood by the crowds, noise and crime. Bloomberg spoke to a bar owner, a local businessman and the president of the resident's association about whether the street is a symbol of Lisbon's recovery or a badge of shame for the city.

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