Brazil Tourism Report Q2 2015: New research report available at Fast Market Research
Recently published research from Business Monitor International, "Brazil Tourism Report Q2 2015", is now available at Fast Market Research
[UKPRwire, Wed Mar 04 2015] Brazil's main goal for 2015 is to prepare for the 2016 Olympic Games in Rio and ensure that all sites are completed on time. However, in 2015 the country's tourism industry faces domestic economic uncertainty and a potential slowdown in tourist arrivals from Argentina.
The Brazil Tourism Report examines the significant long-term potential being offered by the local tourism industry, especially as the country will host the Olympic Games in Rio de Janeiro in 2016. However, the report also highlights long-term structural weaknesses facing Brazil's tourism market, particularly in the realm of national transport infrastructure and the shortage of hotels across the country. The latter issue indicates long-term development potential but could lead to supply shortages during the major sporting events. The report also analyses the growth and risk management strategies being employed by some of the leading hotel players in the Brazilian tourism sector as they seek to maximise these tremendous growth opportunities.
Full Report Details at
President Dilma Rousseff was re-elected in late 2014 and inaugurated for her second term in office in early 2015. We believe that this is positive for the tourism sector, as the Rousseff government is committed to building up the tourism industry. In particular, the government has key infrastructure targets that will benefit the tourism sector in terms of improved travel around the country. These include extended travel systems in Rio de Janeiro, a major tourist destination, ahead of the 2016 Rio Olympics. Ongoing plans to open new regional airports and expand the number of flights around the country will benefit both domestic and international travel.
While we expect projects such as these to be ring-fenced, we note that Brazil's economic growth will remain subdued in 2015, at 0.6%, which may weigh on domestic tourist spending and investment. This will be partly offset by fixed investment directed towards hotel and restaurant development ahead of...
The Brazil Tourism Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.
BMI's Brazil Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Brazilian tourism industry.
* Benchmark BMI's independent tourism industry forecasts for Brazil to test other views - a key input for successful budgetary and planning in the Brazilian tourism market.
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