Brazilians are showing preference to visiting domestic destinations instead of traveling abroad. According to the Consumer Survey – Travel Intent, the Ministry of Tourism 86% of Brazilians will travel to domestic destinations this year. During the first quarter of 2016, 69.8% of purchased holiday packages were to destinations within Brazil and only 30.2% international… Read more »
With most Brazilians choosing domestic destinations instead of traveling abroad this year, coupled by as many as 500,000 international tourists forecast to visit the country this summer for Rio Olympics 2016, Brazil’s hotel sector occupancy rate is already reaching over 90% in some of the major destinations. The Brazilian Association of the Hotel Industry (ABIH… Read more »
What is your role in Ritz-G5? I’m the Chief Engineer of Ritz-G5, managing the engineering department. How long have you been involved with the company? I have been working for the company for six years now. What does your typical day look like? No two days are the same, from visiting building sites to meetings… Read more »
Ritz-G5 has just released the May issue of SkyRize, the monthly newsletter providing an insight into the world of award winning Brazilian developer. Hot off the press, the May 2016 issue covers the most recent news and events relating to the Brazilian market and property developer Ritz-G5. The latest issue, available to download to… Read more »
Visa Inc. is forecasting 400,000 to 500,000 international visitors to Rio de Janeiro this August. Visa’s chief brand and innovation officer said these figures are based on an “enormous amount of transactions” in Visa’s network in the region ranging from hotel nights, entertainment to transportation, as well as third party historical data. Visa’s projections are… Read more »