Hotel rate rises in Brazil ‘indicates strength of emerging markets’
Hotel operators in Brazil have raised their average daily rates by 5.5 per cent, with one expert claiming that the move is an indicator of economic strength in the country, those with Brazilian property will be pleased to hear.
In an interview with Bloomberg, Jan Freitag, vice president at Tennessee-based Smith Travel Research, said that Brazil is one of a handful of nations reporting positive rate growth.
He stated that data emerging from the country points towards the strength of its tourism sector, which will please those with Brazil real estate to let.
"Larger metropolitan areas in Brazil are doing relatively better than other major city centres around the globe. It may be an indicator of strength in emerging markets," Mr Freitag told the news provider.
In other news, those with Brazilian property near the Ponta dos Ganchos resort will be pleased to hear that it has been named one of the world’s sexiest beaches by Conde Nast Traveller magazine.
