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Industry Study: Crisis Has Closed 50,000 Businesses in Brazil’s Tourism Sector

RIO DE JANEIRO, BRAZIL - The Albertina restaurant, in the West zone of São Paulo, portrays the tourist sector's current scenario in Brazil. Hit by the impact of the pandemic, the establishment announced last July it was ceasing to do business after its doors had remained shut for over 100 days.

"Nobody wants to close, because it means firing people and giving up an economic, personal and professional investment. It's a hard decision, but sometimes it's necessary, it needs to be made," said chef Bruno Alves, who now devotes himself to dinners for closed groups.

A study . . .

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