{"id":21370,"date":"2020-02-17T17:48:00","date_gmt":"2020-02-17T17:48:00","guid":{"rendered":"https:\/\/horwathhtl.com\/?post_type=publication&#038;p=21370"},"modified":"2025-01-01T20:26:47","modified_gmt":"2025-01-01T20:26:47","slug":"mercado-fracionario-no-brasil","status":"publish","type":"publication","link":"https:\/\/horwathhtl.com\/pt-br\/publication\/mercado-fracionario-no-brasil\/","title":{"rendered":"Mercado fracion\u00e1rio no Brasil"},"content":{"rendered":"<div  class=\"hhtl-hero hhtl-hero-white hhtl-hero-mirrored hhtl-hero-reverse-gradient\">\n    <div style=\"--hhtl-margin-bottom: 6;\" class=\"grid grid-cols-1 lg:grid-cols-2 lg:auto-rows-fr hhtl-margin\">\n    <div class=\"hhtl-hero-triangle-position\">\n      <div class=\"hhtl-hero-triangle-wrapper opacity-0\">\n        <div class=\"hhtl-hero-triangle-container hhtl-hero-triangle-image\">\n                          <img decoding=\"async\" src=\"https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/10\/Brazil_Sao-Paulo_Cable-Bridge-scaled.jpg\" class=\"hhtl-hero-image-hidden\" \/>\n                <div style=\" background-image: url(https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/10\/Brazil_Sao-Paulo_Cable-Bridge-scaled.jpg);\" class=\"hhtl-hero-image\"><\/div>\n                      <\/div>\n      <\/div>\n    <\/div>\n    <div class=\"hhtl-hero-content-container\">\n      <div class=\"hhtl-hero-content\">\n                      <h3 class=\"hhtl-hero-strapline hhtl-animate-global-top\">Relat\u00f3rio<\/h3>\n                    <h1 style=\"\" class=\"hhtl-hero-heading hhtl-animate-global-top hhtl-animate-global-delay-1\">Mercado fracion\u00e1rio no Brasil<\/h1>\n                      <div class=\"hhtl-hero-description\">\n                <p class=\"b1 hhtl-animate-global-top hhtl-animate-global-delay-2\">O mercado brasileiro de propriedade fracionada experimentou um crescimento e uma transforma\u00e7\u00e3o significativos na \u00faltima d\u00e9cada, remodelando os setores de turismo e imobili\u00e1rio do pa\u00eds. Este relat\u00f3rio analisa a hist\u00f3ria, a estrutura e as tend\u00eancias atuais do sistema de propriedade fracionada no Brasil, destacando seu impacto no setor de hospitalidade.  <\/p>              <\/div>\n                  <\/div>\n          <\/div>\n  <\/div>\n  <\/div>\n\n\n<div style=\"--hhtl-padding-top: 0; --hhtl-padding-bottom: 15;\" class=\"hhtl-publication-info hhtl-padding\">\n  <div>\n        <div class=\"grid grid-cols-1 md:grid-cols-5\">\n      <div style=\"--hhtl-padding-x: 6;\" class=\"md:col-span-3 hhtl-padding\">\n        <div class=\"sticky top-0\">\n          <div class=\"hhtl-animate-global-top\">\n            <p><b><span data-contrast=\"auto\">Contexto hist\u00f3rico e evolu\u00e7\u00e3o do mercado<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">O Brasil, um pa\u00eds com destinos tur\u00edsticos diversificados e extensos, tradicionalmente tinha um investimento limitado em propriedades de f\u00e9rias devido a op\u00e7\u00f5es de financiamento inadequadas. At\u00e9 sete anos atr\u00e1s, a demanda por hot\u00e9is de f\u00e9rias excedia em muito a oferta, o que resultava em acomoda\u00e7\u00f5es lotadas, caras e, muitas vezes, de qualidade inferior. <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Introdu\u00e7\u00e3o \u00e0 propriedade fracion\u00e1ria<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">A propriedade fracionada, introduzida em 2013, revitalizou o mercado ap\u00f3s o decl\u00ednio dos modelos de timeshare. Esse sistema ganhou r\u00e1pida aceita\u00e7\u00e3o devido \u00e0 sua acessibilidade e \u00e0 flexibilidade que oferecia aos compradores. Cidades como Caldas Novas e Ol\u00edmpia surgiram como l\u00edderes em propriedade fracionada, com aumentos significativos na capacidade hoteleira e na infraestrutura de lazer, atendendo principalmente \u00e0s classes de baixa e m\u00e9dia renda do Brasil.  <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Estrutura legal e expans\u00e3o do mercado<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Em 2018, a introdu\u00e7\u00e3o da Lei de Propriedades de Propriedade Fracionada proporcionou seguran\u00e7a jur\u00eddica e regulamenta\u00e7\u00f5es transparentes, impulsionando ainda mais o crescimento do mercado. Em 2020, o sistema de propriedade fracionada havia se expandido para 17 dos 27 estados do Brasil, adicionando quase 11.000 novos quartos e gerando aproximadamente US$ 6 bilh\u00f5es em atividade econ\u00f4mica. <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Estrutura de propriedade fracion\u00e1ria<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">A propriedade fracion\u00e1ria envolve v\u00e1rios compradores que adquirem fra\u00e7\u00f5es de um \u00fanico ativo imobili\u00e1rio. Os principais recursos incluem: <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">A propriedade \u00e9 dividida em unidades aut\u00f4nomas dentro de um condom\u00ednio.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Cada propriet\u00e1rio recebe um t\u00edtulo correspondente \u00e0 porcentagem adquirida e tem o direito de usar a unidade durante per\u00edodos espec\u00edficos.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">A propriedade \u00e9 permanente, e as unidades podem ser vendidas ou alugadas como qualquer ativo imobili\u00e1rio comum.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Flexibilidade para usar a propriedade por meio de sistemas de interc\u00e2mbio internacionais, como RCI ou Interval.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Potencial para renda de aluguel quando as unidades s\u00e3o administradas por operadores.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Compara\u00e7\u00e3o com hot\u00e9is de timeshare e condom\u00ednios<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">A propriedade fracionada difere do timeshare e dos condom\u00ednios hoteleiros em v\u00e1rios aspectos fundamentais:<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Timeshare: Limitado a direitos de uso por um per\u00edodo determinado, normalmente sem t\u00edtulos de propriedade.<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\">Condom\u00ednio hoteleiro: Propriedade de uma unidade hoteleira que faz parte do pool de aluguel, geralmente com uso pessoal restrito.<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"\uf0b7\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\">Propriedade fracionada<span data-contrast=\"auto\">: Oferece um modelo de propriedade permanente mais flex\u00edvel, com potencial para renda de aluguel e interc\u00e2mbio internacional.<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">Din\u00e2mica do mercado atual e perspectivas futuras<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/h3>\n<p><b><span data-contrast=\"auto\">Perspectiva do produto e do comprador<\/span><\/b><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":1440,\"335559991\":360,\"469769226\":\"Courier New\",\"469769242\":[9675],\"469777803\":\"left\",\"469777804\":\"o\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">A propriedade fracionada tem como alvo principal ativos de luxo de alto padr\u00e3o, mas expandiu-se para categorias inferiores, mantendo o apelo de luxo. Ela oferece op\u00e7\u00f5es de financiamento de longo prazo e condi\u00e7\u00f5es de pagamento flex\u00edveis, consolidando seu sucesso no Brasil. <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Perspectiva do operador<\/span><\/b><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":1440,\"335559991\":360,\"469769226\":\"Courier New\",\"469769242\":[9675],\"469777803\":\"left\",\"469777804\":\"o\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">As operadoras se beneficiam de volumes de vendas e taxas de administra\u00e7\u00e3o mais altos em compara\u00e7\u00e3o com os hot\u00e9is-condom\u00ednio. Os propriet\u00e1rios de unidades fracion\u00e1rias normalmente t\u00eam direitos limitados para mudar de operadora, garantindo estabilidade e qualidade de gerenciamento consistente. <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Participa\u00e7\u00e3o de mercado e crescimento futuro<\/span><\/b><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" data-list-defn-props=\"{\"335552541\":1,\"335559685\":1440,\"335559991\":360,\"469769226\":\"Courier New\",\"469769242\":[9675],\"469777803\":\"left\",\"469777804\":\"o\",\"469777815\":\"multilevel\"}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">A propriedade fracionada tem uma forte presen\u00e7a em destinos tur\u00edsticos de alto tr\u00e1fego e espera-se que cres\u00e7a rapidamente devido \u00e0 sua atratividade e \u00e0s condi\u00e7\u00f5es favor\u00e1veis de aquisi\u00e7\u00e3o. O sistema est\u00e1 pronto para substituir os modelos de timeshare no Brasil e se expandir ainda mais na Am\u00e9rica do Sul. <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Projetos e desenvolvimentos not\u00e1veis<\/span><\/b><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Projetos de estilo de vida com a marca de nomes internacionais como Hard Rock impulsionaram a transforma\u00e7\u00e3o do mercado. Entre as hist\u00f3rias de sucesso est\u00e3o o Residence Club no Hard Rock Hotel Fortaleza e o Residence Club no Hard Rock Hotel Ilha do Sol. Esses projetos estabeleceram um precedente para empreendimentos fracion\u00e1rios de luxo e voltados para o estilo de vida.  <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">A propriedade fracionada revolucionou o mercado brasileiro de propriedades tur\u00edsticas, oferecendo um modelo de investimento atraente, flex\u00edvel e seguro. Com a expans\u00e3o cont\u00ednua e a introdu\u00e7\u00e3o de novos projetos de marcas internacionais l\u00edderes, o futuro das f\u00e9rias no Brasil est\u00e1 no sistema fracion\u00e1rio. Esse modelo oferece uma abordagem sustent\u00e1vel e lucrativa para o desenvolvimento da infraestrutura tur\u00edstica no Brasil e em outros pa\u00edses.  <\/span><span data-ccp-props=\"{\"134233117\":true,\"134233118\":true,\"201341983\":0,\"335559739\":160,\"335559740\":240}\">\u00a0<\/span><\/p>\n          <\/div>\n                          <div class=\"hhtl-animate-global-top\">\n                  <hr \/>\n                  <h3>Fa\u00e7a o download do relat\u00f3rio<\/h3>\n                  <p>\n                    Para ver tabelas detalhadas, gr\u00e1ficos e an\u00e1lises adicionais, fa\u00e7a o download do relat\u00f3rio completo <a href=\"https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/10\/Industry-Report_Brazil_Fractional-Market.pdf\" target=\"_blank\">aqui<\/a>                  <\/p>\n                <\/div>\n                      <\/div>\n      <\/div>\n      <div style=\"--hhtl-padding-x: 6;\" class=\"md:col-span-2 hhtl-padding\">\n        <div class=\"sticky top-0\">\n                        <hr class=\"hhtl-animate-global-top\" \/>\n              <div style=\"--hhtl-margin-bottom: 5;\" class=\"hhtl-margin\">\n                <h3 class=\"text-hhtl-neutral-500 hhtl-animate-global-top\">Autor<\/h3>\n                                      <div style=\"--hhtl-margin-bottom: 2; grid-template-columns: auto minmax(0, 1fr);\" class=\"hhtl-margin grid items-center\">\n                                                      <a class=\"grid grid-cols-subgrid col-span-2 no-underline\" href=\"https:\/\/horwathhtl.com\/pt-br\/brazil\/consultant\/osvaldo-chudnobsky\/\">\n                                <div style=\"--hhtl-margin-bottom: 1.25;\" class=\"hhtl-margin hhtl-animate-global-top\">\n                                  <div style=\"--hhtl-width: 3.75; --hhtl-height: 3.75; --hhtl-margin-right: 1.25;\" class=\"hhtl-size hhtl-margin hhtl-icon-container\">\n                                    <img decoding=\"async\" src=\"https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/09\/Oz3.png\" \/>\n                                  <\/div>\n                                <\/div>\n                                <div class=\"flex items-center\">\n                                  <p style=\" --hhtl-margin-bottom: 1.25;\" class=\"hhtl-margin hhtl-animate-global-top\">\n                                    <b>Osvaldo Chudnobsky<\/b>\n                                    <br \/>Managing Partner                                  <\/p>\n                                <\/div>\n                              <\/a>\n                                                                                <div class=\"col-start-2\">\n                                                                  <div style=\"--hhtl-margin-bottom: 1.25;\" class=\"flex hhtl-margin items-center hhtl-animate-global-top\">\n                                      <div style=\"--hhtl-width: 2.5; --hhtl-height: 2.5; --hhtl-margin-right: 1.25;\" class=\"hhtl-size hhtl-margin hhtl-icon-container flex items-center justify-center rounded-full bg-hhtl-neutral-50\">\n                                        <svg style=\"--hhtl-height: 1.5;\" class=\"hhtl-size hhtl-icon dark\" viewBox=\"0 0 16 16\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                                          <path d=\"M14 3H2C1.73478 3 1.48043 3.10536 1.29289 3.29289C1.10536 3.48043 1 3.73478 1 4V12C1 12.2652 1.10536 12.5196 1.29289 12.7071C1.48043 12.8946 1.73478 13 2 13H14C14.2652 13 14.5196 12.8946 14.7071 12.7071C14.8946 12.5196 15 12.2652 15 12V4C15 3.73478 14.8946 3.48043 14.7071 3.29289C14.5196 3.10536 14.2652 3 14 3ZM12.9 4L8 7.39L3.1 4H12.9ZM2 12V4.455L7.715 8.41C7.7987 8.46806 7.89813 8.49918 8 8.49918C8.10187 8.49918 8.2013 8.46806 8.285 8.41L14 4.455V12H2Z\" \/>\n                                        <\/svg>\n                                      <\/div>\n                                      <p>\n                                        <a href=\"mailto:ochudnobsky@horwathhtl.com\">ochudnobsky@horwathhtl.com<\/a>\n                                      <\/p>\n                                    <\/div>\n                                                                      <div style=\"--hhtl-margin-bottom: 1.25;\" class=\"flex hhtl-margin items-center hhtl-animate-global-top\">\n                                      <div style=\"--hhtl-width: 2.5; --hhtl-height: 2.5; --hhtl-margin-right: 1.25;\" class=\"hhtl-size hhtl-margin hhtl-icon-container flex items-center justify-center rounded-full bg-hhtl-neutral-50\">\n                                        <svg style=\"--hhtl-height: 1.5;\" class=\"hhtl-size hhtl-icon dark\" viewBox=\"0 0 16 16\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                                          <path d=\"M13.0009 14.5H12.9159C3.09086 13.935 1.69586 5.645 1.50086 3.115C1.48514 2.91829 1.5084 2.72041 1.56929 2.53271C1.63019 2.345 1.72752 2.17115 1.85571 2.02113C1.98391 1.8711 2.14045 1.74784 2.31636 1.65842C2.49227 1.569 2.6841 1.51516 2.88086 1.5H5.63586C5.83614 1.49981 6.03186 1.55976 6.19767 1.67208C6.36349 1.78441 6.49175 1.94394 6.56586 2.13L7.32586 4C7.39903 4.18177 7.41719 4.38104 7.37808 4.57305C7.33897 4.76505 7.24431 4.94134 7.10586 5.08L6.04086 6.155C6.20721 7.10037 6.65995 7.97183 7.3378 8.65148C8.01566 9.33112 8.88592 9.78615 9.83086 9.955L10.9159 8.88C11.0566 8.74308 11.2345 8.65063 11.4275 8.61417C11.6204 8.57771 11.8199 8.59887 12.0009 8.675L13.8859 9.43C14.0691 9.50644 14.2255 9.63571 14.335 9.80134C14.4445 9.96696 14.5023 10.1614 14.5009 10.36V13C14.5009 13.3978 14.3428 13.7794 14.0615 14.0607C13.7802 14.342 13.3987 14.5 13.0009 14.5ZM3.00086 2.5C2.86825 2.5 2.74107 2.55268 2.6473 2.64645C2.55353 2.74022 2.50086 2.86739 2.50086 3V3.04C2.73086 6 4.20586 13 12.9709 13.5C13.0365 13.5041 13.1024 13.4951 13.1646 13.4737C13.2268 13.4522 13.2842 13.4187 13.3334 13.375C13.3827 13.3314 13.4228 13.2784 13.4515 13.2192C13.4803 13.16 13.497 13.0957 13.5009 13.03V10.36L11.6159 9.605L10.1809 11.03L9.94086 11C5.59086 10.455 5.00086 6.105 5.00086 6.06L4.97086 5.82L6.39086 4.385L5.64086 2.5H3.00086Z\" \/>\n                                        <\/svg>\n                                      <\/div>\n                                      <p>\n                                                                                <a href=\"tel:+55 11 989 67 2442\">+55 11 989 67 2442<\/a>\n                                      <\/p>\n                                    <\/div>\n                                                                      <div style=\"--hhtl-margin-bottom: 1.25;\" class=\"flex hhtl-margin items-center hhtl-animate-global-top\">\n                                      <div style=\"--hhtl-width: 2.5; --hhtl-height: 2.5; --hhtl-margin-right: 1.25;\" class=\"hhtl-size hhtl-margin hhtl-icon-container flex items-center justify-center rounded-full bg-hhtl-neutral-50\">\n                                        <svg style=\"--hhtl-height: 1.6;\" class=\"hhtl-size hhtl-icon dark\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 -960 960 960\">\n                                          <path d=\"M480.07-485.39q29.85 0 51.04-21.26 21.2-21.26 21.2-51.11 0-29.85-21.26-51.05Q509.79-630 479.93-630q-29.85 0-51.04 21.26-21.2 21.26-21.2 51.12 0 29.85 21.26 51.04 21.26 21.19 51.12 21.19ZM480-179.46q117.38-105.08 179.65-201.58 62.27-96.5 62.27-169.04 0-109.38-69.5-179.84-69.5-70.46-172.42-70.46-102.92 0-172.42 70.46-69.5 70.46-69.5 179.84 0 72.54 62.27 169.04 62.27 96.5 179.65 201.58Zm0 79.84Q329-230.46 253.54-343.15q-75.46-112.7-75.46-206.93 0-138.46 89.57-224.19Q357.23-860 480-860t212.35 85.73q89.57 85.73 89.57 224.19 0 94.23-75.46 206.93Q631-230.46 480-99.62Zm0-458.07Z\" \/>\n                                        <\/svg>\n                                      <\/div>\n                                      <p>\n                                        <a href=\"https:\/\/horwathhtl.com\/pt-br\/brasil\/escrit\u00f3rio\/brasil\/\">\n                                          S\u00e3o Paulo                                        <\/a>\n                                      <\/p>\n                                    <\/div>\n                                                              <\/div>\n                                                <\/div>\n                                  <\/div>\n                            <div style=\"--hhtl-margin-bottom: 5;\" class=\"hhtl-margin hhtl-animate-global-top\">\n                <hr class=\"hhtl-animate-global-top\" \/>\n                <h3 class=\"hhtl-animate-global-top\">Escrit\u00f3rio<\/h3>\n                                      <a href=\"https:\/\/horwathhtl.com\/pt-br\/brasil\/escrit\u00f3rio\/brasil\/\" class=\"hhtl-animate-global-top\">\n                        Brasil                      <\/a>\n                      <br \/>\n                                  <\/div>\n                            <div class=\"hhtl-animate-global-top\">\n                <hr \/>\n                <h3>Relat\u00f3rio de download<\/h3>\n                                      <a href=\"https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/10\/Industry-Report_Brazil_Fractional-Market.pdf\" target=\"_blank\" class=\"relative group w-2\/3 inline-block overflow-hidden\">\n                        <div class=\"absolute inset-0 opacity-0 group-hover:opacity-100 transition-opacity duration-500 bg-black\/40\"><\/div>\n                        <div class=\"absolute inset-0 w-full flex items-center justify-center\">\n                        <svg class=\"fill-hhtl-neutral-50 w-auto h-1\/6\" viewBox=\"0 0 14 13\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                          <path class=\"translate-y-full opacity-0 group-hover:translate-y-0 group-hover:opacity-100 transition-all duration-300\" d=\"M13 13H1C0.734893 12.9996 0.480747 12.8942 0.293288 12.7067C0.105829 12.5193 0.000357171 12.2651 0 12V8H1V12H13V8H14V12C13.9996 12.2651 13.8942 12.5193 13.7067 12.7067C13.5193 12.8942 13.2651 12.9996 13 13Z\" \/>\n                          <path class=\"-translate-y-full opacity-0 group-hover:translate-y-0 group-hover:opacity-100 transition-all duration-300\" d=\"M11 5L10.3035 4.285L7.5 7.075L7.5 4.37121e-08L6.5 0L6.5 7.075L3.7135 4.285L3 5L7 9L11 5Z\" \/>\n                        <\/svg>\n                        <\/div>\n                        <img decoding=\"async\" src=\"https:\/\/horwathhtl.com\/wp-content\/uploads\/2024\/10\/Brazil-Fractional-Market-scaled-1.jpg\" alt=\"Mercado fracion\u00e1rio no Brasil\" style=\"border-width: 1px;\" class=\"border-hhtl-neutral-100\" \/>\n                      <\/a>\n                                          <div style=\"--hhtl-margin-top: 1.25;\" class=\"flex flex-wrap hhtl-margin\">\n                                                        <div style=\"background-color: #54c0e8; color: #ffffff; --hhtl-padding-x: 0.75; --hhtl-padding-y: 0.25; --hhtl-margin-right: 0.75;; --hhtl-margin-bottom: 0.75;\" class=\"hhtl-padding hhtl-margin caption rounded-md cursor-pointer\">\n                                  Hospitalidade                                <\/div>\n                                                              <div style=\"background-color: #e5376b; color: #ffffff; --hhtl-padding-x: 0.75; --hhtl-padding-y: 0.25; --hhtl-margin-right: 0.75;; --hhtl-margin-bottom: 0.75;\" class=\"hhtl-padding hhtl-margin caption rounded-md cursor-pointer\">\n                                Industry Reports                                <\/div>\n                                                              <div style=\"background-color: #0050ad; color: #ffffff; --hhtl-padding-x: 0.75; --hhtl-padding-y: 0.25; --hhtl-margin-right: 0.75;; --hhtl-margin-bottom: 0.75\" class=\"hhtl-padding hhtl-margin caption rounded-md cursor-pointer\">\n                                Report                                <\/div>\n                                                    <\/div>\n                                  <\/div>\n                  <div style=\"--hhtl-margin-top: 4;\" class=\"hhtl-margin\">\n      <hr class=\"hhtl-animate-global-top\" \/>\n      <h3 class=\"text-hhtl-neutral-500 hhtl-animate-global-top\">Compartilhar<\/h3>\n      <div class=\"flex\">\n                <a class=\"hhtl-animate-global-top hhtl-animate-global-delay-1\" href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite?title=Mercado%20fracion%C3%A1rio%20no%20Brasil&#038;url=https:\/\/horwathhtl.com\/pt-br\/publication\/mercado-fracionario-no-brasil\/\" target=\"_blank\">\n          <div style=\"--hhtl-width: 2; --hhtl-height: 2; --hhtl-margin-y: 0; --hhtl-margin-right: 0.625;\" class=\"bg-hhtl-neutral-500 hover:bg-hhtl-amber hhtl-size flex hhtl-margin items-center justify-center rounded-md cursor-pointer transition-colors duration-300\">\n            <svg style=\"--hhtl-height: 1.3;\" class=\"hhtl-size fill-white\" viewBox=\"0 0 16 16\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n              <path d=\"M13.1 2H2.9C2.4 2 2 2.4 2 2.85V13.1C2 13.55 2.4 13.95 2.9 13.95H13.1C13.6 13.95 14 13.55 14 13.1V2.85C14 2.4 13.6 2 13.1 2ZM5.55 12.2H3.8V6.5H5.55V12.2ZM4.7 5.7C4.15 5.7 3.65 5.25 3.65 4.65C3.65 4.05 4.1 3.6 4.7 3.6C5.25 3.6 5.75 4.05 5.75 4.65C5.75 5.25 5.25 5.7 4.7 5.7ZM12.25 12.15H10.5V9.35C10.5 8.7 10.5 7.8 9.55 7.8C8.6 7.8 8.5 8.55 8.5 9.25V12.1H6.75V6.5H8.4V7.25H8.45C8.7 6.8 9.3 6.3 10.15 6.3C11.95 6.3 12.3 7.5 12.3 9.05V12.15H12.25Z\" \/>\n            <\/svg>\n          <\/div>\n        <\/a>\n        <a class=\"hhtl-animate-global-top hhtl-animate-global-delay-3\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/horwathhtl.com\/pt-br\/publication\/mercado-fracionario-no-brasil\/\" target=\"_blank\">\n          <div style=\"--hhtl-width: 2; --hhtl-height: 2; --hhtl-margin-y: 0; --hhtl-margin-right: 0.625;\" class=\"bg-hhtl-neutral-500 hover:bg-hhtl-amber hhtl-size flex hhtl-margin items-center justify-center rounded-md cursor-pointer transition-colors duration-300\">\n            <svg style=\"--hhtl-height: 1.3;\" class=\"hhtl-size fill-white\" viewBox=\"0 0 16 16\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n              <path d=\"M13.335 2H2.665C2.48904 2.00131 2.32065 2.07179 2.19622 2.19622C2.07179 2.32065 2.00131 2.48904 2 2.665V13.335C2.00131 13.511 2.07179 13.6794 2.19622 13.8038C2.32065 13.9282 2.48904 13.9987 2.665 14H8.41V9.36H6.85V7.545H8.41V6.21C8.41 4.66 9.355 3.815 10.745 3.815C11.21 3.815 11.675 3.815 12.14 3.885V5.5H11.185C10.43 5.5 10.285 5.86 10.285 6.385V7.54H12.085L11.85 9.355H10.285V14H13.335C13.511 13.9987 13.6794 13.9282 13.8038 13.8038C13.9282 13.6794 13.9987 13.511 14 13.335V2.665C13.9987 2.48904 13.9282 2.32065 13.8038 2.19622C13.6794 2.07179 13.511 2.00131 13.335 2Z\" \/>\n            <\/svg>\n          <\/div>\n        <\/a>\n        <a class=\"hhtl-animate-global-top hhtl-animate-global-delay-4\" href=\"mailto:?subject=Mercado%20fracion%C3%A1rio%20no%20Brasil&#038;body=https:\/\/horwathhtl.com\/pt-br\/publication\/mercado-fracionario-no-brasil\/\">\n          <div style=\"--hhtl-width: 2; --hhtl-height: 2; --hhtl-margin-y: 0; --hhtl-margin-right: 0.625;\" class=\"bg-hhtl-neutral-500 hover:bg-hhtl-amber hhtl-size flex hhtl-margin items-center justify-center rounded-md cursor-pointer transition-colors duration-300\">\n            <svg style=\"--hhtl-height: 1.3;\" class=\"hhtl-size\" viewBox=\"0 0 16 16\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n              <path class=\"fill-white\" d=\"M14 3H2C1.73478 3 1.48043 3.10536 1.29289 3.29289C1.10536 3.48043 1 3.73478 1 4V12C1 12.2652 1.10536 12.5196 1.29289 12.7071C1.48043 12.8946 1.73478 13 2 13H14C14.2652 13 14.5196 12.8946 14.7071 12.7071C14.8946 12.5196 15 12.2652 15 12V4C15 3.73478 14.8946 3.48043 14.7071 3.29289C14.5196 3.10536 14.2652 3 14 3ZM12.9 4L8 7.39L3.1 4H12.9ZM2 12V4.455L7.715 8.41C7.7987 8.46806 7.89813 8.49918 8 8.49918C8.10187 8.49918 8.2013 8.46806 8.285 8.41L14 4.455V12H2Z\" fill=\"#161616\"\/>\n            <\/svg>\n          <\/div>\n        <\/a>\n      <\/div>\n    <\/div>\n            <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n","protected":false},"featured_media":4067,"template":"","meta":{"_acf_changed":false},"publication-category":[],"class_list":["post-21370","publication","type-publication","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/publication\/21370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/publication"}],"about":[{"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/types\/publication"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/media\/4067"}],"wp:attachment":[{"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/media?parent=21370"}],"wp:term":[{"taxonomy":"publication-category","embeddable":true,"href":"https:\/\/horwathhtl.com\/pt-br\/wp-json\/wp\/v2\/publication-category?post=21370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}