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Robust outlook for Brazilian hotels despite economic challenges

At the end of 2014, Jones Lang LaSalle (JLL) released its latest Lodging Industry in Numbers Brazil 2014 annual publication, which surveys 450 Brazilian hotels, providing the audience with an excellent insight into the Brazilian hospitality market changes during 2013. Despite a fair share of challenges that the Brazilian economy is facing, the hospitality market… Read more »

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Middle Eastern interest on the rise as Brazil welcomes Arab investment

7% increase in number of passengers flying with Middle East airlines to São Paulo International Airport in 2014 41% growth in number of tourists from Middle Eastern countries making trips overseas from 2005 to 2013 (UNWTO) Ritz-G5 capitalising on increasing Middle Eastern interest in Brazil by presenting new Shariah-compliant project With international tourist arrivals in… Read more »

Natal welcomes hotel giant as consumer spending increases

Hotel giant Accor is set to launch Mercure Natal to capitalise on a growing context of brand-awareness in Brazil. Consumer confidence in Brazil is up as South America’s largest country registers an increase in consumer spending. According to statistics released by the Instituto Brasileiro de Geografia e Estatistica (IBGE), domestic spending reached BRL 799,423.72 million… Read more »

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What’s in a name? Natal welcomes hotel giant as consumer spending increases

Brazil’s domestic spending up 1.4% as consumer confidence rises (Instituto Brasileiro de Geografia e Estatística (IBGE)) Luxe goods market in Brazil grown 5.5% since 2012, predicted to rise 30% by 2018 (Euromonitor) Hotel giant Accor to launch Mercure Natal to capitalise on growing context of brand-awareness in Brazil Consumer confidence in Brazil is up as… Read more »

Interest in Brazil increases as US investors fly south

The 2014 Brazil World Cup was undoubtedly a great success. With over 1 million overseas tourists from 200 countries visiting during the tournament alone, the knock-on effect for the Latin American powerhouse is that international tourist figures for the year are on track to reach 7 million, up dramatically on 2013′s figures. One country that… Read more »