IBOV 176,740.87 ▼ 0.55% IPSA 11,157.69 ▲ 1.47% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,156,332 — 0.00% COLCAP 2,344.80 ▼ 1.26% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL5.10▼ 0.48% USD/MXN17.21▼ 0.07% USD/CLP912.77▼ 0.09% USD/COP3,171▼ 1.13% USD/PEN3.39▼ 0.05% USD/ARS1,490▼ 0.42% USD/UYU40.24▲ 1.20% USD/PYG5,919▲ 1.22% USD/BOB11.81▼ 1.32% USD/DOP58.19▼ 0.19% USD/CRC449.80▲ 1.96% USD/GTQ7.62▲ 2.31% USD/HNL26.78▲ 0.64% USD/NIO36.62▲ 0.75% USD/VES754.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.89▲ 0.89% USD/TTD6.68▲ 0.31% EUR/BRL5.88▼ 0.85% BRENT 80.90 ▲ 1.83% WTI 76.11 ▲ 1.18% IRON ORE 161.91 — — COPPER 6.73 ▲ 0.33% GOLD 4,321 ▲ 1.76% SILVER 62.10 — 0.00% SOY 1,174 ▲ 1.95% CORN 460.50 ▲ 5.44% WHEAT 641.25 ▼ 0.16% COFFEE 319.85 ▼ 2.16% SUGAR 15.20 ▲ 0.33% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.03 ▲ 1.45% COCOA 5,716 ▼ 2.82% BEEF 228.73 ▼ 2.33% CATTLE 347.78 ▼ 1.57% LITHIUM 72.65 ▲ 1.34% PETR4 42.08 ▲ 0.36% VALE3 76.13 ▼ 0.69% ITUB4 42.52 ▲ 0.33% BBDC4 17.65 ▼ 2.22% ABEV3 15.74 ▼ 0.63% BBAS3 20.76 ▼ 1.38% B3SA3 15.37 ▼ 1.16% WEGE3 48.82 ▲ 0.04% PRIO3 58.87 ▼ 0.56% SUZB3 42.12 ▼ 1.68% RENT3 38.70 ▼ 1.28% AZZA3 16.21 ▲ 1.57% CSAN3 3.84 ▼ 1.79% RAIZ4 0.27 ▲ 3.85% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.93 ▼ 1.03% CVCB3 1.61 ▲ 3.87% POSI3 3.46 — 0.00% SLCE3 13.40 ▼ 0.81% NATU3 8.21 ▼ 1.08% BRKM5 5.74 ▼ 2.21% RANI3 8.39 — 0.00% CSNA3 4.81 ▼ 1.64% CMIN3 5.83 ▼ 1.19% USIM5 7.27 ▼ 2.55% GGBR4 25.53 ▼ 2.96% ENEV3 26.65 ▼ 1.22% CPFE3 45.82 ▼ 0.59% CMIG4 11.20 ▼ 0.44% EQTL3 38.66 ▼ 1.33% LREN3 13.47 ▼ 1.46% VIVT3 31.22 ▲ 0.03% RAIL3 13.81 ▼ 1.29% KLABIN 18.28 ▼ 1.93% RAIA DROGASIL 20.37 ▼ 0.88% RDOR3 34.14 ▼ 0.90% HAPV3 10.83 ▼ 2.52% FLRY3 17.26 ▼ 0.58% SMTO3 14.12 ▼ 1.26% UGPA3 32.69 ▲ 0.86% VBBR3 35.04 ▼ 0.14% BBSE3 41.30 ▼ 0.89% BPAC11 56.63 ▼ 0.32% CURY3 31.75 ▼ 0.87% AERI3 2.35 ▲ 2.17% VIVARA 22.09 ▼ 0.90% COMPASS 23.60 ▼ 2.56% VAMOS 3.21 ▼ 3.31% SANB11 29.81 ▲ 1.12% ASAI3 8.78 ▼ 0.57% SBSP3 27.55 ▼ 0.58% WALMEX 49.08 ▲ 1.13% GMEXICO 223.85 ▲ 0.66% FEMSA 213.52 ▼ 0.40% CEMEX 19.80 ▼ 0.80% GFNORTE 199.44 ▲ 0.26% BIMBO 61.80 ▲ 1.05% TELEVISA 9.56 ▲ 0.42% AMX 20.82 ▲ 0.14% GAP 378.44 ▲ 1.08% ASUR 272.39 ▼ 0.20% OMA 237.28 ▲ 0.50% KOF 188.04 ▲ 0.44% GRUMA 257.81 ▲ 0.29% KIMBER 40.44 ▲ 0.70% SQM-B 64,604 ▲ 1.02% COPEC 6,290 ▲ 0.03% BSANTANDER 81.00 ▲ 1.00% FALABELLA 6,350 ▲ 0.06% ENELAM 87.02 ▼ 0.03% CENCOSUD 2,022 ▲ 0.10% CMPC 1,049 ▲ 1.80% BANCO CHILE 191.70 ▲ 0.78% LATAM AIR 26.18 ▼ 0.76% YPF 7,685 — 0.00% GGAL 7,640 — 0.00% PAMPA 5,310 — 0.00% TXAR 681.00 — 0.00% ALUAR 940.00 — 0.00% TGS 9,245 — 0.00% CEPU 2,263 — 0.00% MIRGOR 1,620 — 0.00% COME 41.45 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 288.50 — 0.00% TELECOM ARG 4,335 — 0.00% ECOPETROL 16.70 ▲ 1.89% BANCOLOMBIA 90.98 ▲ 0.93% GRUPO AVAL 5.28 ▼ 0.47% CREDICORP 398.16 ▲ 0.83% SOUTHERN COPPER 193.75 ▼ 1.65% BUENAVENTURA 32.80 ▼ 0.61% MERCADOLIBRE 1,790 ▼ 6.91% NUBANK 14.26 ▼ 1.55% XP 16.85 ▼ 0.77% PAGSEGURO 9.23 ▼ 1.81% STONE 11.09 ▼ 0.72% GLOBANT 35.91 ▼ 6.44% TECNOGLASS 44.84 ▼ 6.09% GAP AIRPORT 220.00 ▲ 1.14% ASUR 272.39 ▼ 0.20% OMA AIRPORT 110.38 ▲ 0.70% AMX ADR 24.16 ▲ 0.56% FEMSA ADR 123.85 ▼ 0.42% CEMEX ADR 11.48 ▼ 0.61% PETROBRAS ADR 18.51 ▲ 0.82% VALE ADR 14.90 ▼ 0.30% ITAU ADR 8.34 ▲ 1.52% SANTANDER BR 5.90 ▲ 1.90% AMBEV ADR 3.04 ▲ 0.33% CSN 0.96 ▼ 2.45% GERDAU 5.05 ▼ 1.75% LATAM ADR 58.50 ▲ 1.39% BTC 64,385 ▼ 0.33% ETH 1,907 ▲ 0.00% SOL 73.12 ▼ 1.14% XRP 1.04 ▼ 1.60% BNB 591.47 ▼ 0.30% ADA 0.19 ▲ 1.38% DOGE 0.07 ▼ 1.79% AVAX 6.42 ▼ 3.53% LINK 8.15 ▲ 0.02% DOT 0.82 ▼ 2.82% LTC 45.43 ▲ 0.34% BCH 212.41 ▼ 0.89% TRX 0.33 ▲ 0.18% XLM 0.16 ▼ 2.86% HBAR 0.07 — 0.00% NEAR 1.69 ▼ 0.62% ATOM 1.34 ▼ 0.95% AAVE 88.58 ▼ 1.30% SELIC 14.00% EMBRAER 92.80 ▼ 0.23% EMBRAER ADR 73.07 ▲ 0.40% JBS 13.48 ▼ 1.64% JBS BDR 68.86 ▼ 2.38% MBRF3 16.49 ▼ 1.67% MBRFY 3.12 ▼ 4.59% INTER 5.39 ▼ 5.55% EGX 54,677 ▲ 0.03% USD/ZAR16.31▼ 0.05% USD/NGN1,361▼ 0.11% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,636 ▲ 0.05% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY158.13▲ 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4,321 ▲ 1.76% SILVER 62.10 — 0.00% SOY 1,174 ▲ 1.95% CORN 460.50 ▲ 5.44% WHEAT 641.25 ▼ 0.16% COFFEE 319.85 ▼ 2.16% SUGAR 15.20 ▲ 0.33% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.03 ▲ 1.45% COCOA 5,716 ▼ 2.82% BEEF 228.73 ▼ 2.33% CATTLE 347.78 ▼ 1.57% LITHIUM 72.65 ▲ 1.34% PETR4 42.08 ▲ 0.36% VALE3 76.13 ▼ 0.69% ITUB4 42.52 ▲ 0.33% BBDC4 17.65 ▼ 2.22% ABEV3 15.74 ▼ 0.63% BBAS3 20.76 ▼ 1.38% B3SA3 15.37 ▼ 1.16% WEGE3 48.82 ▲ 0.04% PRIO3 58.87 ▼ 0.56% SUZB3 42.12 ▼ 1.68% RENT3 38.70 ▼ 1.28% AZZA3 16.21 ▲ 1.57% CSAN3 3.84 ▼ 1.79% RAIZ4 0.27 ▲ 3.85% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.93 ▼ 1.03% CVCB3 1.61 ▲ 3.87% POSI3 3.46 — 0.00% SLCE3 13.40 ▼ 0.81% NATU3 8.21 ▼ 1.08% BRKM5 5.74 ▼ 2.21% RANI3 8.39 — 0.00% CSNA3 4.81 ▼ 1.64% CMIN3 5.83 ▼ 1.19% USIM5 7.27 ▼ 2.55% GGBR4 25.53 ▼ 2.96% ENEV3 26.65 ▼ 1.22% CPFE3 45.82 ▼ 0.59% CMIG4 11.20 ▼ 0.44% EQTL3 38.66 ▼ 1.33% LREN3 13.47 ▼ 1.46% VIVT3 31.22 ▲ 0.03% RAIL3 13.81 ▼ 1.29% KLABIN 18.28 ▼ 1.93% RAIA DROGASIL 20.37 ▼ 0.88% RDOR3 34.14 ▼ 0.90% HAPV3 10.83 ▼ 2.52% FLRY3 17.26 ▼ 0.58% SMTO3 14.12 ▼ 1.26% UGPA3 32.69 ▲ 0.86% VBBR3 35.04 ▼ 0.14% BBSE3 41.30 ▼ 0.89% BPAC11 56.63 ▼ 0.32% CURY3 31.75 ▼ 0.87% AERI3 2.35 ▲ 2.17% VIVARA 22.09 ▼ 0.90% COMPASS 23.60 ▼ 2.56% VAMOS 3.21 ▼ 3.31% SANB11 29.81 ▲ 1.12% ASAI3 8.78 ▼ 0.57% SBSP3 27.55 ▼ 0.58% WALMEX 49.08 ▲ 1.13% GMEXICO 223.85 ▲ 0.66% FEMSA 213.52 ▼ 0.40% CEMEX 19.80 ▼ 0.80% GFNORTE 199.44 ▲ 0.26% BIMBO 61.80 ▲ 1.05% TELEVISA 9.56 ▲ 0.42% AMX 20.82 ▲ 0.14% GAP 378.44 ▲ 1.08% ASUR 272.39 ▼ 0.20% OMA 237.28 ▲ 0.50% KOF 188.04 ▲ 0.44% GRUMA 257.81 ▲ 0.29% KIMBER 40.44 ▲ 0.70% SQM-B 64,604 ▲ 1.02% COPEC 6,290 ▲ 0.03% BSANTANDER 81.00 ▲ 1.00% FALABELLA 6,350 ▲ 0.06% ENELAM 87.02 ▼ 0.03% CENCOSUD 2,022 ▲ 0.10% CMPC 1,049 ▲ 1.80% BANCO CHILE 191.70 ▲ 0.78% LATAM AIR 26.18 ▼ 0.76% YPF 7,685 — 0.00% GGAL 7,640 — 0.00% PAMPA 5,310 — 0.00% TXAR 681.00 — 0.00% ALUAR 940.00 — 0.00% TGS 9,245 — 0.00% CEPU 2,263 — 0.00% MIRGOR 1,620 — 0.00% COME 41.45 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 288.50 — 0.00% TELECOM ARG 4,335 — 0.00% ECOPETROL 16.70 ▲ 1.89% BANCOLOMBIA 90.98 ▲ 0.93% GRUPO AVAL 5.28 ▼ 0.47% CREDICORP 398.16 ▲ 0.83% SOUTHERN COPPER 193.75 ▼ 1.65% BUENAVENTURA 32.80 ▼ 0.61% MERCADOLIBRE 1,790 ▼ 6.91% NUBANK 14.26 ▼ 1.55% XP 16.85 ▼ 0.77% PAGSEGURO 9.23 ▼ 1.81% STONE 11.09 ▼ 0.72% GLOBANT 35.91 ▼ 6.44% TECNOGLASS 44.84 ▼ 6.09% GAP AIRPORT 220.00 ▲ 1.14% ASUR 272.39 ▼ 0.20% OMA AIRPORT 110.38 ▲ 0.70% AMX ADR 24.16 ▲ 0.56% FEMSA ADR 123.85 ▼ 0.42% CEMEX ADR 11.48 ▼ 0.61% PETROBRAS ADR 18.51 ▲ 0.82% VALE ADR 14.90 ▼ 0.30% ITAU ADR 8.34 ▲ 1.52% SANTANDER BR 5.90 ▲ 1.90% AMBEV ADR 3.04 ▲ 0.33% CSN 0.96 ▼ 2.45% GERDAU 5.05 ▼ 1.75% LATAM ADR 58.50 ▲ 1.39% BTC 64,385 ▼ 0.33% ETH 1,907 ▲ 0.00% SOL 73.12 ▼ 1.14% XRP 1.04 ▼ 1.60% BNB 591.47 ▼ 0.30% ADA 0.19 ▲ 1.38% DOGE 0.07 ▼ 1.79% AVAX 6.42 ▼ 3.53% LINK 8.15 ▲ 0.02% DOT 0.82 ▼ 2.82% LTC 45.43 ▲ 0.34% BCH 212.41 ▼ 0.89% TRX 0.33 ▲ 0.18% XLM 0.16 ▼ 2.86% HBAR 0.07 — 0.00% NEAR 1.69 ▼ 0.62% ATOM 1.34 ▼ 0.95% AAVE 88.58 ▼ 1.30% SELIC 14.00% EMBRAER 92.80 ▼ 0.23% EMBRAER ADR 73.07 ▲ 0.40% JBS 13.48 ▼ 1.64% JBS BDR 68.86 ▼ 2.38% MBRF3 16.49 ▼ 1.67% MBRFY 3.12 ▼ 4.59% INTER 5.39 ▼ 5.55% EGX 54,677 ▲ 0.03% USD/ZAR 16.31 ▼ 0.10% USD/NGN 1,361 ▲ 0.07% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,636 ▲ 0.05% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY 157.84 ▲ 0.10% USD/CNY 6.7370 ▼ 0.05% DAX 26,178 ▲ 0.20% CAC 8,739 ▲ 0.80% FTSE 10,869 ▼ 0.17% MIB 53,938 ▲ 0.92% IBEX 20,287 ▲ 1.15% STOXX 659.09 ▲ 0.30% EUR/USD 1.1538 ▼ 0.15% GBP/USD 1.3470 ▲ 0.01% SPX 7,742 ▲ 0.23% DJI 54,320 ▼ 0.05% NDX 29,504 ▲ 0.05% RUT 3,017 ▼ 0.08% TSX 36,245 ▲ 0.27% VIX 15.77 ▼ 0.25% USD/CAD 1.4019 ▲ 0.06% US10Y 4.6350 ▲ 0.39%
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Business - Brazil Life & Society

Strong Outlook for Brazil’s Tourism Industry Next Year

By · November 26, 2013 · 3 min read

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By Stephanie Foden, Contributing Reporter

SALVADOR, BRAZIL – An important year is ahead for Brazil as it steps further into international spotlight to host one of the biggest sports events on the globe. The FIFA Word Cup football (soccer) tournament is sure to boost tourism in the country, which alone is estimated to see 600,000 foreign and three million Brazilian travelers.

The packed crowd at the Brazil vs. Spain Confederations Cup final at Maracanã Stadium.
The packed crowd at the Brazil vs. Spain Confederations Cup final at Maracanã Stadium, photo by Alexandre Macieira/Riotur.
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It is difficult to predict just exactly how many people will visit Brazil throughout the upcoming year, but the country’s tourist numbers have been skyrocketing for the past ten years. In 2012, even as the economy cooled, the six percent growth in tourism surpassed the global annual average by two percent.

Tourists from Brazil and abroad are predicted to spend R$25 billion at during the World Cup, according to estimates from the Tourism Ministry, Embratur. Most of this spending is predicted to come from Brazilians, expected to spend R$18.3 billion during the competition.

The last country to host the World Cup, South Africa saw its tourist exchange earnings threshold jump from about US$9 billion (R$20.7 billion) before the 2010 World Cup to US$11 billion afterwards. The FIFA event impacted tourism in the tip of Southern Africa immensely by helping renew the negative perception the country has on safety, security and as a value-for-money destination.

“We hope tourism in Brazil rises to a new level after the World Cup,” Vinícius Lummertz, National Secretary of Public Policies, told The Rio Times. “With infrastructure improvements that increase the competitiveness of Brazil as a tourist destination, and the high exposure of the country abroad, I expect to see a significant increase in foreign tourists – but mainly more Brazilians traveling through Brazil.”

It seems as though many Brazilians have been enjoying new levels of travel interest: according to a study by the Ministry of Tourism, willingness to travel in the country has grown by nearly six percent over the past year. Brazilians with travel plans also grew from 32 percent to 33.5 percent between October 2012 and October 2013.

Travel in Brazil, Brazil News
Tourists prepare to snorkel inside a grotto in Chapada Diamantina National Park, photo by Stephanie Foden.

The majority of the people intending to travel came from the Northeast, followed by the Southeast and South. Two thousand people were surveyed in seven major Brazilian cities: Belo Horizonte, Brasília, Porto Alegre, Recife, Rio de Janeiro, Salvador and São Paulo.

“The idea of making the World Cup in twelve cities in all regions of Brazil aims to attract tourists to all of these areas, of course,” explains Lummertz. “Brazil is a very diverse destination, but we can expect increases in places where today there are already many tourists. We also want to take the Cup to extend visitation to our national parks, our main tourist assets that currently don’t have the amount of visitors compatible with its potential.”

With a surge of both international and domestic visitors heading to Brazil, there are concerns that the country will not be able to keep up with the demand. The South American giant may offer picturesque scenes with a strong vibrant culture, but many of its cities lack modern accessibility, infrastructure, accommodation and security.

There are a number of infrastructure works underway in the host cities targeting public transportation, signalling and accessibility. Some 25,000 new hotel rooms are being built and fifteen airports in twelve cities expanded.

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