The Leading
Distributor of Market Research Reports, MarketReportsStore.com publishes report on “Travel and Tourism in Brazil to
2018”.
Synopsis
The report
provides detailed market analysis, information and insights, including:
- Historic and forecast tourist
volumes covering the entire Brazilian travel and tourism sector
- Detailed analysis of tourist
spending patterns in Brazil for various categories in the travel and
tourism sector, such as accommodation, sightseeing and entertainment,
foodservice, transportation, retail, travel intermediaries and others
- Detailed market classification
across each category, with analysis using similar metrics
- Detailed analysis of the airline,
hotel, car rental and travel intermediaries industries
Summary
Brazil’s travel and
tourism sector performed well during the review period (2009?2013), with growth
recorded in both domestic and international tourist volumes. The main factors
for growth were several projects and programs undertaken by the government and
private sector to promote the country’s travel and tourism sector
internationally.
Complete reports is available @ http://marketreportsstore.com/travel-and-tourism-in-brazil-to-2018/ .
Key highlights
- Domestic tourism is the major
driving force of the Brazilian tourism sector. Driven by a growing
middle-class population and the increase in spending power of domestic
consumers, the total number of domestic trips increased from 175.4 million
in 2009 to 227.4 million in 2013, at a CAGR of 6.70%.
- The country’s tourism sector is
expected to grow substantially due to the hosting of large-scale sports
events. The 2014 Fifa World Cup attracted large number of football fans
from around the world, and the 2016 Olympic Games in Rio de Janeiro will
also draw numerous visitors to the country. Such events not only
accelerate tourism but also lead to economic growth and foreign investment
in the country. The Brazilian government estimated expenses of US$14.0 billion
for the 2014 Fifa World Cup. However, the government spent more than
expected, mainly on stadium works and infrastructure development.
- Brazil is the world’s
sixth-most-popular destination for medical tourism, and has more than
4,500 licensed cosmetic surgeons. The medical tourism sector in Brazil is
supported primarily by the availability of low-cost medical treatment and
a comfortable environment for recuperation. Excellent air connectivity
with other Latin American countries and North America also aids in growth.
The number of medical tourists to Brazil grew from 40,995 in 2009 to
53,030 in 2013, at a review-period CAGR of 6.65%.
- International arrivals to Brazil
rose at a review-period CAGR of 5.70%, from 4.8 million in 2009 to 6.0
million in 2013. The growth in international arrivals can be attributed to
government efforts to promote tourism in neighboring countries such as
Argentina. South and Central America were the main contributors to
international arrivals, accounting for 3.1 million visitors, equivalent to
50.9% of the total international arrivals in 2013.
- Outbound tourism from Brazil
increased from 4.9 million in 2009 to 8.7 million in 2013, at a CAGR of
15.3% in the review period. Brazil is a rapidly growing outbound market
where visitors have increasing levels of average spending due to growth in
household incomes. Shopping for fashionable items remains the prime reason
for Brazilians travelling abroad. Brazilians also enjoy nightlife, such as
visiting cafes, bars and clubs while in a foreign country.
- Brazil’s aviation market
performed well during the review period, with total revenue increasing
from BRL18.5 billion (US$9.3 billion) in 2009 to BRL32.3 billion (US$14.8
billion) in 2013, at a CAGR of 14.92%. The main factors driving growth included
the growth of LCCs, and an increasing middle-class population.
- Brazil’s hotel market profited
from an increase in the number of domestic and international visitors
during the review period. Total hotel revenue increased at a CAGR of
14.08% from BRL23.7 billion (US$11.8 billion) in 2009 to BRL40.1 billion
(US$18.4 billion) in 2013, with luxury hotels recording the highest growth
in revenue at a CAGR of 19.22%. Room occupancy rates increased from 61.4%
in 2009 to 66.5% in 2013. The strong performance in hotel room occupancy
rates was a result of the increase in Brazil’s middle class population and
growing international tourist arrivals.
- Brazil’s car rental market grew
at a CAGR of 8.29% during the review period to reach a value of BRL2.9
billion (US$1.3billion) in 2013. The majority of car rental revenues are
generated at non-airport locations: in 2013, the non-airport car rental
value accounted for 64.2% of the total. Business car rentals accounted for
55.3% of the total car rental value in 2013, and leisure car rentals
accounted for 44.7%.
- Brazil’s travel intermediaries’
market value increased at a review-period CAGR of 12.77% to reach BRL14.9
billion (US$6.8 billion) in 2013. The online channel’s market value
increased from BRL1.2 billion (US$0.6 billion) in 2009 to BRL2.5 billion
(US$1.1 billion) in 2013, at a review-period CAGR of 19.54%. With internet
penetration growing, the online travel market is expected to grow further.
In 2014, online travel sales will reach BRL3.0 billion (US$1.26 billion),
an increase of 20.3% over 2013.
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copy of this report @ http://marketreportsstore.com/purchase?rname=19119 .
Scope
This report
provides an extensive analysis related to the tourism demands and flows in
Brazil:
- It details historical values for
the Brazilian tourism sector for 2009–2013, along with forecast figures
for 2014–2018
- It provides comprehensive
analysis of travel and tourism demand factors, with values for both the
2009–2013 review period and the 2014–2018 forecast period
- The report provides a detailed
analysis and forecast of domestic, inbound and outbound tourist flows in
Brazil.
- It provides comprehensive
analysis of the trends in the airline, hotel, car rental and travel intermediaries
industries, with values for both the 2009–2013 review period and the
2014–2018 forecast period.
Reasons to buy
- Take strategic business decisions
using historic and forecast market data related to the travel and tourism
sector in Brazil.
- Understand the demand-side
dynamics within the Brazilian travel and tourism sector, along with key
market trends and growth opportunities.
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