DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/26284789/travel_and_tourism) has announced the addition of the "Travel and Tourism in Brazil, Key Trends and Opportunities to 2016: Hosting of FIFA World Cup and Olympic Games to Promote Tourism Growth" report to their offering.
The Travel and Tourism Competitive Index (TTCI) ranked Brazil as the third most attractive destination to develop business in the travel and tourism industry in Latin America in 2011. Brazil's travel and tourism industry is expected to contribute 3.3% to national GDP in 2011, and account for 2.9% of the country's total employment. During the review period, tourist volume increased from 156 million in 2006 to 197.7 million in 2010, registering a CAGR of 6.09%. This growth could be attributed to factors such as a strong economy, rising disposable incomes and government initiatives to promote the country as a tourist destination. The Brazilian travel and tourism industry is expected to grow at a significant pace due to the growing economy and government initiatives. Domestic tourism is expected to grow at a CAGR of 7.32% over the forecast period, mainly driven by rising middle-class disposable incomes and infrastructural improvement measures initiated by the government.
Key Highlights
- The Brazilian economy's early and strong recovery after the global economic downturn has attracted many foreign investors, leading to an increase in international tourist arrivals in 2011 to 5.38 million.
- The main drivers that attracted tourists to Brazil during the review period included government initiatives, infrastructural improvements, a growing middle-class population, and the increasing popularity of leisure travel.
- With Brazil hosting the FIFA World Cup in 2014 and the Olympic Games in 2016, the country is set to attract increasing foreign interest.
- The Brazilian Ministry of Tourism has developed an international tourism plan, Plano Aquarela 2020, which sets out international tourism goals that Brazil intends to achieve by 2020.
- With government initiatives and upcoming international sporting events, travel and tourism is poised for healthy growth over the forecast period.
Key Topics Covered:
1 Executive Summary
2 Introduction
3 Tourism Industry Outlook
4 Tourist Spending Pattern Analysis
5 Transportation Industry Outlook
6 Accommodation Industry Outlook
7 Travel Intermediaries Industry Outlook
8 Appendix
Companies Mentioned
- TAM SA
- Gol Linhas Aer?as Inteligentes SA
- Localiza Rent A Car SA
- MSC Cruises
- Hotelaria Accor Brasil SA
- Blue Tree Hotels and Resorts
- Carlson Wagonlit Travel Brazil
- CVC Brasil Operadora e Agencia de Viagens SA
For more information visit http://www.researchandmarkets.com/research/26284789/travel_and_tourism