Brazil Expecting Tourism Boom. Airlines Must Grow 20%.

Brazil’s tourism sector expects to increase its revenues and number of new hires in the first half of 2006. This tendency was demonstrated in the Bulletin of Economic Performance of Tourism, a quarterly publication of the Ministry of Tourism and the Getúlio Vargas Foundation (FGV).

The survey included 748 companies in eight tourism-related sectors. 75% of the travel agencies expect their revenues to grow in comparison with the first half of 2005.

In the area of events, 40% hope to earn more, and among tour operators 100% share this expectation. Some – the hotel sector, for example – believe they will need to hire new staff.

According to the Minister of Tourism, Walfrido Mares Guia, some sectors will have to invest in infrastructure in order to meet the demand. Airline services, for example, must expand over 20% in 2006 to keep up with demand, the Minister observed.

Mares Guia also wishes to increase the number of foreign tourists in Brazil, as well as the inflow of foreign currency, which is expected to bring in between US$ 6.5 million and US$ 7 million in 2006.

The influx of dollars grew 18% in 2005, to US$ 3.8 billion. "Just in what passes officially through the hands of the Central Bank, we shall arrive close to US$ 5 billion in 2006," the Minister estimates.

The survey covers travel agencies, event organizers, hotels, tour operators, local tour operators ("receptive tourism"), restaurants, airlines, and theme parks/tourist attractions. The last three sectors were included for the first time in this edition.

ABr

Tags:

Ads

You May Also Like

Brazil Praised by UN for Its Water Management

The Brazilian water management model is considered an example by the United Nations Organization. ...

Low Interest Expectations Give Brazil a Boost

Latin American markets mostly advanced, despite weakness in the U.S. as crude oil prices ...

Brazil Corruption Gets Better. Country as Corrupt as Colombia Now

Brazil has improved its position in the Transparency International's annual rank of world's most ...

Born on the Web

In a list of 150 countries classified by the he Gini index—an indicator used ...

Brazilian Thoroubred’s Semen Goes to the UAE Royal Family and the U.S.

The semen of the Brazilian horse RSC El Deb Haran will be exported to ...

Brazil Outraged by Suggestion that New Air Accident Is Matter of Time

The head of an international air traffic controllers organization who said that it was ...

Brazil Wants to Use 1/4 of Its US$ 200 Billion Foreign Debt on Education

The idea was born at an international conference in Mexico in 2004. Brazil, Argentina, ...

Rebelo’s Turn

Some have dismissed his initiative as just "the paranoia of the Brazilian left-wingers", but ...

Brazil Is Celebrating: The Country Is Importing More

Brazil has imported the equivalent to US$ 49.457 billion from January to the fourth ...

Agrarian Reform Being Delivered As Promised, Says Brazil

The Brazilian Minister of Agrarian Development, Miguel Rossetto, said that, through September, the government’s ...