“The current and forecasted data projections about Brazil’s economic performance tends to encourage all sorts of investment projects, including the reckless ones, but after looking at what the Brazil market has to offer who wouldn’t be optimistic.
All the signs are positive, not only for tourism but also as an investment destination.
“The country has produced sustainable economic growth, with a controlled inflation and fiscal surplus during the last 10 years”.
• Brazil is the 10th largest economy of the world.
• According to Goldman Sachs, Brazil, among Russia, India and China, will become the most relevant and dominant economies within the next few decades.
• The country has produced sustainable economic growth, with a controlled inflation and fiscal surplus during the last 10 years.
• Between 2002 and 2008, 20 million Brazilians migrated from the D and E classes (lower income inhabitants) to the C class (the new middle class). Nowadays the C class represents more than 50% of the country’s population (97 million people). “
This special report from Horwath HTL looks at the Brazilian Hotel and Investment Market.