IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.51% USD/MXN18.78▲ 0.84% USD/CLP977.69▲ 1.16% USD/COP3,230▼ 0.63% USD/PEN3.44▼ 0.08% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,358▲ 9.88% USD/BOB11.92▲ 1.74% USD/DOP59.79▼ 1.17% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.16% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.17▲ 0.44% BRENT 99.44 ▲ 5.09% WTI 91.41 ▲ 3.73% IRON ORE 161.91 — — COPPER 6.23 ▼ 2.66% GOLD 4,097 ▲ 0.60% SILVER 51.68 ▼ 0.85% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74% IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL 5.49 ▲ 0.51% USD/MXN 18.78 ▲ 0.82% USD/CLP 977.69 ▲ 1.16% USD/COP 3,238 ▼ 0.39% USD/PEN 3.44 ▼ 0.08% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,358 ▲ 9.88% USD/BOB 11.92 ▲ 1.74% USD/DOP 59.79 ▼ 1.17% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.17 ▲ 0.44% BRENT 99.44 ▲ 5.09% WTI 91.41 ▲ 3.73% IRON ORE 161.91 — — COPPER 6.23 ▼ 2.66% GOLD 4,097 ▲ 0.60% SILVER 51.68 ▼ 0.85% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74%
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Business - Brazil Rio de Janeiro

Brazil Holiday Weekend to Inject R$6.7 Billion into Economy

By · October 12, 2018 · 2 min read

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Ministry of Tourism (MTur) forecasts Brazilians will make 3.24 million domestic trips during the extended holiday weekend between October 11th and 15th. They also predict an economic impact of R$6.7 billion at the destinations visited.

Brazil Holiday Weekend to Inject R$6.7 Billion into Economy, airlines, domestic, travel, flights, Rio de Janeiro, Brazil, Brazil News
According to the Infraero’s estimate, between October 11th and 15th, the 47 airports are expected to receive 1.07 million travelers, photo divulgação.
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The Dia de Nossa Senhora Aparecida (Day of Our Lady Aparecida) is celebrated on October 12th and is considered a national holiday in Brazil, honoring the patroness of the country. The Dia de Nossa Senhora Aparecida was officially instituted in 1980.

In addition to honoring the patroness of Brazil, this Friday is also celebrated in the country as Dia da Criança (Children’s Day). The holiday is also extended until Monday (October 15th), with the commemoration of the Dia do Professor (Teacher’s Day).

According to the Ministry of Tourism, the most sought after destinations are Porto Seguro (BA), Natal (RN), Fortaleza (CE) and Balneário Camboriú (SC).

The airports of the Brazilian Airport Infrastructure Company (Infraero) with scheduled commercial flights are expected to increase by two percent, and aircraft circulation by six percent during the holiday weekend.

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According to the Infraero’s estimate, between October 11th and 15th, the 47 airports are expected to receive 1.07 million travelers, including shipments and landings, and a total of 9,200 flights between landings and departures.

The numbers, in the same period last year, were 1.05 million passengers and 8,700 flights, taking into account the movement between Thursday and Monday.

Dia de Nossa Senhora Aparecida is the fourth extended holiday of the year, after Labor Day, Corpus Christi – the with the second highest spending and travel – and the 7th of September (Brazil’s Independence Day).

The estimated MTur is that the seven extended holidays of 2018 result in 13.9 million trips and inject R$28.84 billion in the economy. The calculation does not include Holy Week or Carnival, since they are already prolonged.

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