Articles tagged Market Report Brazil

Opportunities Abound in Brazil’s Hot Market–but Not Without Challenges
November, 20 2014
The 2014 World Cup proved a much-needed boost of good publicity for Brazil. The country is currently facing a recession and inflation stands at 6.5 percent. But over the summer, more than 1 million foreign tourists flocked to the South American country to watch their teams compete. Early indicators showed that each of the 12 host cities benefitted from the influx of tourists, and it looks like the party continues for the country’s hotel sector–despite broader economic challenges in Brazil. continue reading →

Brazilian Hotel Industry Reports Strong Performance Gains During the Months of June and July
October, 7 2014
Among the FIFA World Cup host cities, Rio de Janeiro reported the strongest performance in occupancy and average daily rate. All host cities, except Fortaleza, reported higher occupancy during June than in July, despite São Paulo that had nearly the same occupancy performance for both months. continue reading →