IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL5.08▲ 0.01% USD/MXN17.32▲ 0.05% USD/CLP 930.47 — 0.00% USD/COP3,203▼ 0.01% USD/PEN3.38▼ 0.44% USD/ARS1,485▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP57.80▼ 0.33% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.19% USD/TTD6.72— 0.00% EUR/BRL5.85▼ 0.23% BRENT 83.77 ▼ 7.05% WTI 79.88 ▼ 5.66% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.62% GOLD 4,117 ▲ 1.67% SILVER 58.59 ▲ 1.73% SOY 1,183 ▲ 0.90% CORN 462.25 ▲ 4.88% WHEAT 639.50 ▲ 0.04% COFFEE 310.15 ▼ 6.61% SUGAR 14.88 ▲ 1.50% ORANGE JUICE 153.35 ▲ 5.03% COTTON 80.61 ▲ 0.14% COCOA 5,570 ▲ 3.21% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.39% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 — 0.00% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,557 ▼ 1.46% ETH 1,840 ▼ 2.28% SOL 72.33 ▼ 1.52% XRP 1.07 ▼ 1.72% BNB 585.27 ▼ 0.39% ADA 0.18 ▼ 2.67% DOGE 0.07 ▼ 1.87% AVAX 6.41 ▼ 2.01% LINK 8.22 ▼ 1.81% DOT 0.80 ▼ 0.22% LTC 44.05 ▼ 1.31% BCH 209.83 ▼ 1.27% TRX 0.33 ▲ 0.04% XLM 0.17 ▼ 1.81% HBAR 0.07 ▼ 2.06% NEAR 1.72 ▲ 0.08% ATOM 1.27 ▲ 0.40% AAVE 91.76 ▼ 0.26% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,506 ▲ 0.40% USD/ZAR16.49▼ 0.37% USD/NGN 1,364 — 0.00% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,595 ▲ 0.87% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.94▼ 0.32% USD/CNY6.75▲ 0.02% DAX 25,989 ▲ 1.40% CAC 8,612 ▲ 1.21% FTSE 10,862 ▼ 0.05% MIB 52,585 ▲ 0.79% IBEX 19,905 ▲ 0.62% STOXX 651.78 ▲ 0.40% EUR/USD1.15▼ 0.16% GBP/USD1.35▼ 0.24% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 16.09 ▲ 0.63% USD/CAD1.40▲ 0.22% US10Y 4.7450 ▲ 1.76% IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL 5.08 ▲ 0.01% USD/MXN 17.32 ▲ 0.05% USD/CLP 930.47 — 0.00% USD/COP 3,148 ▼ 1.72% USD/PEN 3.38 ▼ 0.44% USD/ARS 1,485 ▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP 57.80 ▼ 0.33% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.56% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▼ 0.23% BRENT 83.77 ▼ 7.05% WTI 79.88 ▼ 5.66% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.62% GOLD 4,117 ▲ 1.67% SILVER 58.59 ▲ 1.73% SOY 1,183 ▲ 0.90% CORN 462.25 ▲ 4.88% WHEAT 639.50 ▲ 0.04% COFFEE 310.15 ▼ 6.61% SUGAR 14.88 ▲ 1.50% ORANGE JUICE 153.35 ▲ 5.03% COTTON 80.61 ▲ 0.14% COCOA 5,570 ▲ 3.21% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.39% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 — 0.00% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,557 ▼ 1.46% ETH 1,840 ▼ 2.28% SOL 72.33 ▼ 1.52% XRP 1.07 ▼ 1.72% BNB 585.27 ▼ 0.39% ADA 0.18 ▼ 2.67% DOGE 0.07 ▼ 1.87% AVAX 6.41 ▼ 2.01% LINK 8.22 ▼ 1.81% DOT 0.80 ▼ 0.22% LTC 44.05 ▼ 1.31% BCH 209.83 ▼ 1.27% TRX 0.33 ▲ 0.04% XLM 0.17 ▼ 1.81% HBAR 0.07 ▼ 2.06% NEAR 1.72 ▲ 0.08% ATOM 1.27 ▲ 0.40% AAVE 91.76 ▼ 0.26% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,506 ▲ 0.40% USD/ZAR 16.49 ▼ 0.33% USD/NGN 1,364 — 0.00% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,595 ▲ 0.87% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 156.97 ▼ 0.27% USD/CNY 6.7525 ▲ 0.11% DAX 25,989 ▲ 1.40% CAC 8,612 ▲ 1.21% FTSE 10,862 ▼ 0.05% MIB 52,585 ▲ 0.79% IBEX 19,905 ▲ 0.62% STOXX 651.78 ▲ 0.40% EUR/USD 1.1525 ▼ 0.02% GBP/USD 1.3453 ▼ 0.25% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 16.09 ▲ 0.63% USD/CAD 1.4041 ▲ 0.17% US10Y 4.7450 ▲ 1.76%
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2016 Olympics Business - Brazil

IOC Predicts 480,000 Tourists in Rio for 2016 Olympics: Daily

By · July 15, 2014 · 2 min read

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By George Utley, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The IOC have predicted around 480,000 tourists will descend on Rio de Janeiro for the Olympic and Paralympic Games in 2016. However, given the positive effects of the World Cup, and a growing trend in travel in Latin America, experts believe this number could be surpassed.

World Cup Fans in Rio, Rio de Janeiro, Brazil, Brazil news
Rio received thousands of foreign tourists in during the month long World Cup, photo by Alexandre Macieira/Riotur.
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For the 2016 Olympic Games, the so-called “Olympic family” of athletes, officials, sponsors and journalists from the 204 competing countries will guarantee a high attendance at South America’s first ever Games. However, many more local tourists are expected to attend in 2016.

Only 18,000 Brazilians went to Beijing in 2008, compared with 50,000 who went to London in 2012, representing a growing enthusiasm for Olympic sports. Subsecretary of State for Tourism, Carlos Luiz Martins, believes the success of the World Cup will further enhance Rio’s reputation as a major tourist destination.

“The international media was very skeptical of Brazil holding the Cup […] The foreigners who came expecting to find a real jungle, fearing being robbed, saw that Rio is a kind and hospitable city, and know that the Brazilians cope with diversity really well. This was very good for the image of Brazil and will help us in the Olympics.”

Another factor affecting attendances in 2016 will be the large numbers of Latin American tourists who traveled to Brazil during the World Cup, although according to Professor Mendes Bayard Boteaux of Universidade Cândido: “They forgot to display signage in Spanish. There were no information signs in Spanish in Rio’s subway, for example. For us, Portuguese can be very similar to Spanish, but for Latinos it is often difficult to understand Portuguese.”

In London, 8.8 million tickets were sold for events in 26 different sports over sixteen days. There were many empty seats in the opening rounds of the football competition – something which is not expected to be a problem in Brazil. By comparison, the total number of tickets sold during the World Cup was 3,429,873. Rio will have 28 sports on display, after the addition of golf and rugby sevens.

The Ministry of Tourism estimated that 600,000 foreign tourists and 3.1 million Brazilians are participating in FIFA World Cup Events (games and Fan Fest), spending a total of R$4.05 billion in twelve difference host cities in Brazil during the month-long event.

Read more (in Portuguese).

* The Rio Times Daily Updates feature is offered to help keep you up-to-date with important news as it happens.

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