openPR Logo
Press release

Brazil Sees 18.8% Year-on-Year Growth in Tourism

09-16-2011 09:36 AM CET | Industry, Real Estate & Construction

Press release from: MDMY Investment

Cumbuco

Cumbuco

According to the World Tourism Organization, Brazil has seen 18.8% increase in tourism during the past year, the largest increase in South America.

With the 2014 World Cup and 2016 Olympics on the way, Brazil is urgently working to develop tourism infrastructure, including access, capacity, and quality of tourism centers. Brazil needs to build stadiums, improve transportation, and increase hotel capacity in and around major cities as well.

With many projects behind schedule, the Brazilian government needs to act quickly, and invest significant funds. Through the next five years, tourist centers can expect steady flow of capital, new roads, improved sanitation, reformed common areas, and new major hotel investments.

These improvements will provide additional momentum to a real estate market already in a strong bullish trend. Properties on and near beaches remain quite affordable as compared to the international market for similar real estate.

At MDMY Investment, Director Jamie MacDonald-Murray sees considerable activity near Brazil's most popular domestic tourism hub, Fortaleza. "In Ceará, we are seeing larger numbers of international tourists each year. Moreover, it is clear that Brazilians have more disposable income as well. They want more choices. On top of that, the World Cup and Olympics are providing a tremendous push on the government to get the country ready to host the world. I am very bullish on Brazil's tourism areas for the next five years."

MDMY Investment is a Brazil-based and operated Investment Company specializing in the Real Estate Development, Construction, Tourism, Security, and Environmental sectors. We offer overseas investors secure, high-yielding investment opportunities in several of Brazil’s fastest-growing business environments.

MDMY Investment S/A
Sala 1106, 1200 Av. Dom Luis,
Aldeota, Fortaleza.
Ceará, 61.160-230

Scott Johnson
Investor Relations
scott@mdmy.com.br
www.mdmy.com.br

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Brazil Sees 18.8% Year-on-Year Growth in Tourism here

News-ID: 192014 • Views: 1693

More Releases from MDMY Investment

Pecém, Caucaia to Experience Population Boom
In Brazil's northeastern state of Ceará, the municipalities of Pecém, Sao Gonçalo and Caucaia are due to see a large-scale population increase due to ongoing development of the port and industrial zone. In Pecém and Sao Gonçalo alone, the current population of 15,000 is expected to grow to 140,000 within ten years with the surge in Brazil investment into infrastructure and energy. One major contributor to growth is the steel
Foreign Investment Still Flowing to Brazil
According to Brazil's Central Bank, Foreign Direct Investment (FDI) during the first nine months of 2011 stood at $50.5 billlion, with over $60 billion projected for the entire year. This represents the highest ever recorded volume of FDI for Brazil. Experts point to a number of factors drawing FDI, including the upcoming 2014 World Cup and 2016 Olympics. The discovery of massive offshore oil reserves has also prompted large-scale foreign and
Brazil Real Estate Fundamentals Remain Strong
At National Real Estate Investor, David Lynn reports on the fundamentals underlying the Brazilian real estate market. While overall economic growth is moderating, Lynn says, "Brazil exhibits positive fundamentals for short- and long-term real estate performance." While some are voicing concerns about inflation and the potential for an overheated economy, projected GDP for the next year remains between 3.5-4 percent, exhibiting healthy, not overheated, growth. Moreover, inflation has been moderating month-to-month
The Brazilian Mortgage Market: Room to Grow
For international investors considering Brazilian property, an evaluation of the mortgage lending environment can provide clues as to the health and direction of the Brazil real estate market. Currently, foreigners are unable to receive mortgage loans in Brazil. At the same time, the mortgage market in Brazil is very young, with considerable room for future growth. Currently, mortgage lending represents just over 4% of GDP in Brazil. As a comparison, mortgage

All 5 Releases


More Releases for Brazil

ATM Machine Market is Booming (18% CAGR)| NCR Brazil, Diebold Brazil, Wincor Nix …
HTF MI recently introduced ATM Machine Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Itautec S/A, NCR Brazil, Diebold Brazil, Wincor Nixdorf Brazil,
Brazil: Country Intelligence Report 2018 By Claro, Sky Brazil, Oi, Vivo, TIM Bra …
"Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends.
Wine in Brazil
Latest Report on Wine in Brazil Similar to other alcoholic drinks, wine saw a total volume decline in 2016, with sales falling by 3%. Although this decline was slower than that seen in the previous year, of 4%, it is clear that the negative economic situation continued to affect consumers’ demand for wine. Since it is perceived by many as a non-essential product, other products and types of alcoholic drinks seemed
Brazil Juice Industry
Brazil Juice Industry Juice in Brazil was directly affected by the unstable economic situation and consumers’ shrinking disposable incomes. After registering a series of double-digit growth rates in off-trade volume terms earlier in the review period, the category registered a flat performance in 2015 and grew by just 2% in 2016. The two most important categories within juice in off-trade volume terms, nectars and juice drinks (up to 24% juice), faced
Brazil: Country Intelligence Report
Brazil: Country Intelligence Report Summary "Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides the detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends. SAMPLE REPORT: https://www.reportsandmarkets.com/sample-request/brazil-country-intelligence-report-1613311 GlobalData
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource