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Foreign tourists spend record amount in Brazil

Foreign tourists have spent a record amount of money whilst visiting Brazil last year, according to new figures.

The Brazilian Central Bank released the data this month which reveals that 2007 was the best year ever in Brazil’s international tourism history, in terms of foreign tourists’ expenditure.

Revenue from tourism had reached a record $4,484 billion (£2,242 billion) by November 2007, a 3.89 per cent increase from the $4,316 billion recorded in 2006 – which was a historic record.

If the monthly inflow increased at the same pace throughout December 2007 then experts predict that the final revenue figure for Brazilian tourism in 2007 should be around $5 million (£2.5 million).

Comparing the figures on a monthly basis reveals that revenue from foreign tourist expenditure in November 2007 was up by 19.81 per cent from the same month in the previous year.

Embratur, the Brazilian tourism institute, has reported previously that tourism in Brazil is growing at an annual rate of 7.2 per cent.

For more information on Brazil property investment and to find out about uv10’s latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com

Tags: Brazil, Economic News, Real Estate

January 21, 2008

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Best Small Agent 2010

uv10 is an award-winning member of the AIPP (Association of Independent Property Professionals), the industry regulatory body for the international property market.

This non-profit organisation has been set up in order to improve standards of professionalism and customer service in the sector. In a largely unregulated market, AIPP Members such as uv10 voluntarily agree to follow a strict professional Code of Conduct, which offers protection to the client.

uv10 is duty-bound to act with honesty, transparency and integrity in all dealings with the public and with its peers, and was awarded the accolade of Best Small Agent 2010 at the AIPP Award Show in London, for these very reasons. Please visit www.aipp.org.uk for more information.

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