Travel expenditure up 33% in Brazil
Travel expenditure has risen by 33 per cent in Brazil this year, according to industry experts.
A new report from the United Nations World Tourism Organisation (UNWTO) has shown that international tourism is set to grow for the fourth year running with emerging markets such as Brazil due to see a significant increase in foreign tourists.
UNWTO states that world tourism is growing at a rate of 5.7 per cent, a figure that, according to the national tourist board Embratur, Brazil exceeds as its tourist industry is growing at a rate of 7.2 per cent annually.
Brazilian tourism has been under the spotlight in the UK press over the last month with The Daily Telegraph, The Sun and this week The Belfast Telegraph all running positive pieces either on tourism or property investment in the country.
Furthermore, news that Brazil will host the World Cup 2014 has prompted speculation that the property industry may benefit.
Property expert Russell Messenger said: "The World Cup will be excellent for the Brazilian economy.
"The impact of a new stadium to hold games in Natal will be an enormous boost for the city, which in combination with the construction of the new airport [due to be the largest in South America] now makes Natal one of the best places in the world to invest in property."
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