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Brazil Tourism Report Q1 2016

  • October 2015
  • -
  • Business Monitor International
  • -
  • 28 pages

Includes 3 FREE quarterly updates

BMI View:

We expect the tourism industry to pick up in 2016, after a sluggish performance in 2015, following the surge in arrivals for the World Cup in 2014 and the expected influx for the Rio Olympics in 2016. The slowdown in tourist arrivals will be exacerbated by economic weakness in neighbouring Argentina, a key source market. We anticipate that arrivals will pick up strongly in 2016, benefiting the hospitality industry, particularly in Rio and its environs. Over the longer term, we expect investment into Brazil's tourism market to slow, in reaction to the flood of investment ahead of 2014 and 2016. As a result, we do not anticipate strong growth levels over the remainder of the forecast period.

Key Updates And Forecasts:
- We have raised our tourist arrivals growth forecast for 2016 to 7.4%, to 5.49mn. This reflects the surge of arrivals for the Rio Olympics. Our positive prognosis surrounding this event is being borne out by reports
of strong advance bookings in Rio hotels, which we expect will feed through to benefit other sectors of the hospitality

Table Of Contents

Brazil Tourism Report Q1 2016
BMI Industry View 5
Table: Key Forecasts (Brazil 2012-2019) . 5
Tourism 7
Industry Forecast . 9
Table: Inbound Tourism (Brazil 2012-2019) . 13
Table: Tourism Receipts (Brazil 2012-2019) . 14
Table: Hotel Accommodation (Brazil 2012-2019) 16
Table: Tourist Departures and Consumption (Brazil 2012-2019) . 17
Industry Risk/Reward Ratings .. 18
Industry Risk/Reward Index .. 18
Table: Americas Tourism Risk/Reward Index 18
Market Overview 20
Competitive Landscape . 22
Domestic Hotel Groups 22
Table: Domestic Hotel Groups . 22
International Hotel Groups . 24
Table: International Hotel Groups . 24
Methodology . 25
Industry Forecast Methodology . 25
Risk/Reward Index Methodology 26
Table: Weighting Of Indicators . 28

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