SÃO PAULO--(BUSINESS WIRE)--According to Global Market Research Company Euromonitor International, inbound arrivals to Brazil are forecasted to increase 7.2 percent to reach 6.3 million in 2016, with the Rio Olympic Games contributing to growth.
“Despite the political and economic crisis, corruption scandals, the Zika virus and public unrest, Brazil inbound arrivals will see healthy growth in 2016,” states Caroline Bremner, Head of Travel at Euromonitor International. “However, because of the challenges facing the country, we expect more moderate growth than 2014 when Brazil hosted the FIFA World Cup and recorded a 10.6 percent increase in international arrivals.”
Rio de Janeiro, the Olympic host, is Brazil’s most popular destination for international arrivals and the single Brazilian representative in Euromonitor’s Top 100 City Destinations Ranking. Thanks to the FIFA World Cup, Rio went up 12 places in the 2014 ranking, with arrivals growing 56 percent that year.
“Following a successful 2014, international arrivals to Brazil declined by 2 percent in 2015, with a loss of 124,000 trips, due to the fear surrounding the Zika virus and other factors,” comments Bremner. “With the Olympic Games, we expect Brazil, and especially Rio de Janeiro, to see an increase in international arrivals in 2016 as the country is an important emerging destination with huge untapped potential over the long term,” concludes Bremner.
To access Euromonitor’s Olympic Games Rio 2016 analysis visit: http://blog.euromonitor.com/tag/olympics
To learn more about Euromonitor´s travel research, visit: http://www.euromonitor.com/travel
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
