Archive for the ‘Tourism’ Category

Sao Goncalo Airport bid in August

Posted by Pioneer Land Group in Natal airport, Tourism.

Right to the construction and 25 years of operation management of north-east Brazil’s largest airport will be decided on the 22nd August in an auction style bid. This is the first of several major new airports to be handed over to a private constructor and operator in response to a rapidly growing demand for more domestic and international flights to Brazil.

Air travel itself grew by 23% y-o-y in the past 12 months which, further supported by the enormous traffic expected with the coming FIFA World Cup and Olympics, is putting an enormous strain on airports and carriers in Brazil. Natal is one of the FiFA World Cup cities and so the Sao Goncalo do Amarante airport will be constructed and opened well in time for 2014, further driving tourism and visitors to Brazil’s most untouched region.

For further details read here.

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Brazil super yacht market growing

Posted by Pioneer Land Group in Tourism.

As mentioned in the Financial Times this week, the Italian luxury yacht builder Ferretti is turning to the new super rich of Brazil to increase sales by up to 15 per cent annually during the next three to four years.

The CEO of Ferretti told the FT that due to Brazil’s love for yachting, the hundreds of harbours and yachting clubs, its 7400km of stunning coastline and the year round warm weather, Brazil was a natural market to focus on. With Brazil’s rapidly growing economy the yachts are now more affordable to Brazilians then traditional markets.

According to Dasein Executive headhunters, chief executives and directors in Sao Paulo earnt more than in London and New York last year.

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Brazil purchasing power in NY increases US-Brazil flight routes

Posted by Pioneer Land Group in Tourism.

The number of Brazilian tourists who travelled to New York increased 41% to 359,000 last year from 2007, making visitors from Brazil the eighth-largest group arriving in the city. Demand is so strong for travel to New York that American Airlines is adding 11 flights a week between the U.S. and Brazil beginning November 18th, the Texas-based air carrier said in a statement on June 24th.

In the country of more than 193 million people, Brazil now has more billionaires than any nation in Latin America according to Forbes magazine, whilst the number of millionaires jumped 19% to 126,882 from 2008 to 2009, according to Boston Consulting Group data. Gross disposable income in Brazil advanced 54.3% from the time President Luiz Inacio Lula da Silva took office in January 2003, the national statistics agency said in an e-mail statement July 16th.

The Brazilian Real has also rallied 100% against the dollar since 2003 and jumped 33% in 2009 alone; the best-performing currency in the world; helped by revenue from exports of commodities such as coffee and soybeans and demand for the nation’s stocks and bonds.

First quarter economic growth of 9%, the fastest since 1995, was driven by consumer spending, as retail sales climbed 15.7% in March from a year earlier, the most since at least 2001. Gross domestic product will expand 7.2% in 2010, the quickest pace in more than two decades, according to a central bank survey of about 100 economists published July 19.

For the full story please visit Bloomberg.

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Brazil air traffic to increase with Delta

Posted by Pioneer Land Group in Tourism.

As Brazil’s economic prowess continues to expand, the infrastructure of the World’s 5th largest land mass requires continuous investment. With the government’s Embratur program ensuring investment in to tourism infrastructure, the one industry that still requires further development partners is the air industry. Now the airline industry development has been secured following recent investment from the World’s largest carrier, Delta Airlines. Delta have recently requested a code-sharing agreement with Brazil’s low cost carrier Gol Linhas that, if approved by regulators, will allow Delta sales to include over 45 national flights from all major cities within Brazil. For the full story click here.

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Natal rated in top ten world retirement home locations

Posted by Pioneer Land Group in Tourism.

With over 7m annual tourists now enjoying the hundreds of miles of untouched beaches, delicious seafood and relaxed lifestyle of the north-east of Brazil, International Property Journal pronounced Natal in the world’s top ten retirement locations.

The economic growth of Brazil as a country is undeniable, with many analysts now predicting Brazil to overtake the UK’s economy as soon as 2012 if current growth rates continue. Combined with the fantastic weather, friendly people, and of course upcoming events such as the FIFA World Cup and also the Olympics, Brazil’s appeal is practically uncontested.

For more details and insight in to the top ten retirement locations in the World visit International Property Journal.

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Big noises for Brazil’s tourism market

Posted by Pioneer Land Group in Tourism.

President Lula da Silva has been laying down his countries ambitions for their tourism industry over the next 8 years. Already hosting the FIFA World Cup in 2014, Brazil is keen to stamp its authority on the global tourism stage with a successful bid for the 2016 Olympic Games. In a very interesting global summit on travel and tourism, delegates from around the world gathered to discuss the key issues concerning the industry today. Given the state of the global economy many believe this to be the most important conference yet, and President da Silva was keen to take advantage of such an opportunity.

The attraction of Brazil is obvious to many – year round sunshine, beautiful beaches and a party atmosphere and a low cost of living ticks many boxes on the tourist checklist. However, President da Silva used the platform as an opportunity to talk about the responsibility of governments in ensuring the travel and tourism industry continues to grow not just in Brazil but also in South America. Furthermore, he talked about the need to make travel and tourism accessible to every Brazilian citizen and not just the wealthy elite.

Speaking at some length on the airline sector, the President stressed the importance of opening affordable air routes to cater for the masses. “How do we expect Brazilian tourism to work if we don’t have, for example, more competitive flights from the airline sector? “How do we expect a Brazilian gets to know South America if we have few flights to South America? Or how do we expect South American travels to Brazil if the flights from South America to here are few?” the president said. Freedom of mobility was the underlying theme, a vision where all South Americans are able to explore their great continent, as well as bridging the continental gap between Africa and Brazil.

Bold words by the leader, but with the government already pledged to spend US$304 billion in infrastructure, providing 4,700kms of railroads and considerable upgrades to all airports, roads and existing railroads, the next 8 years could be very interesting indeed.

Ref: Brazilian President presents big goals for tourism

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Brazil’s economic recovery to outshine others.

Posted by Pioneer Land Group in Economy, Tourism.

Analysts have lent weight to Brazil’s market confidence with the opinion that securing the Olympic vote is likely to see the country outshine many others in its economic recovery.

Although the actual event only lasts for two weeks, the knock on effect in other sectors is estimated to be huge. Thousands of international and domestic investors will be tracking and monitoring progress over the next 8 years and analysts predict that the economy could stand to benefit from over $17billion in new spending the aforementioned time period, and a staggering $50billion in long term economic contributions.

In a paper produced by Credit Suisse,  the impact of the games on the host regions will echo far after the games have finished, urban development is likely to increase as is increased media exposure. They go on to say that the main players to benefit from the games will be the construction and tourism industry.

Expenditure on infrastructure alone will be a dizzying levels. In an article by Carla Mozee for Marketwatch.com, she interviewed Jack Dzierwa, a strategist at U.S. Global Investors who said “What you need is better roads, better hotels, better communications-infrastructure, food services…You’re not just building stadiums; you need to support these stadiums. It’s an all-encompassing project.”

Dzierwa highlights how Brazil is positioning itself as South America’s engine of growth, this Olympic vote was proceeded by news last month that Brazil was one of the first country’s in the region to pull itself out of recession, growing at a healthy 1.9% in the second quarter. This followed an announcement form Moody’s Investment Service that they had upgraded Brazil to investment level, meaning the country sat at investment grade with all 3 major rating agencies. Finally money has been pouring into the BM&F Bovespa as it has been home to two of the largest IPO’s globally so far this year.

Special thanks to Carla Mozee for Marketwatch.com – To read more on this story please visit Olympics in Rio may be a boon to Gerdau, Gafisa, Vivo

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Brazil 2016 Olympics

Posted by Pioneer Land Group in Economy, Tourism.

Congratulations to Brazil for winning the bid to host the 2016 Olympics! As the country says farewell to football fans around the world in 2014, just two years later a new influx of sporting professionals will be making their way to Rio de Janeiro for the 31st Olympic Games. A remarkable achievement for the south American city considering they bid against Chicago, Tokyo and Madrid and this is further evidence of the giant strides the country is making under the leadership of President Lula. During his acceptance speech the rightfully proud President stated “I confess to you if I die right now my life would have been worth it”. And he may be right, the effects on the economy of hosting the Olympic games cannot be underestimated.

Investment into infrastructure will take place on unprecedented scales, as transport and communication lines are upgraded to leave a lasting legacy, long after the final Olympian has returned home. A major event like this puts the country firmly on the global radar, the influx of foreign arrivals is likely to increase by the thousands and for those that enjoyed themselves, they are likely to want to come again giving a boost to the hotels and tourism industry. Crime is also predicted to fall as the city comes under increased scrutiny from the world’s media and the Olympic Committee. Finally, a large increase in foreign direct investment (FDI) especially in construction will create thousands of jobs from as early as next year. The knock on effects for the economy are going to be huge.

So congratulations to Rio de Janeiro and President Lula for securing the vote, the next decade in Brazil is certainly going to so very exciting, and if you like sport then you don’t need to think about anywhere else!

The Olympics in Rio

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Onwards and Upwards for the hotel industry

Posted by Pioneer Land Group in Resorts, Tourism.

The global recession has affected almost every industry in one way or another over the past 18 months and travel and tourism is no exception. Hoteliers the world over have seen occupancy levels drop off as more and more people looked to stay at home for their annual vacation. Whilst hotels in the budget category have shown a degree of resilience against the mighty credit crunch, the luxury brands have endured a rockier time. That is until now….

Last month the worlds leading hoteliers gathered in New York at the International Hospitality Industry Investment Conference to examine what lies in store for the remainder of 2009 and beyond. On the whole the event was largely positive with many recognisable brands stating that they believed the worst was behind them. In fact some companies indicated they should start to see signs of the year improving.  Many believe their remains considerable pent up demand from last year as many businessmen and companies put meetings on hold, Gary Mendell from HEI Hotels and resorts states “Even if there is a down market, you can’t not have people getting together for two years in a row” an opinion repeated by both the Hilton and Starwood Hotel Groups CEO’s.

This is undoubtedly some positive news, what is of even greater interest is the sentiment towards Brazil. Accor CEO Giles Pelisson spoke optimistically of the economies of Brazil and China saying they “have some muscle and can deliver the strongest growth”. With only 12% of hotels in Brazil having an affiliation with an internationally distinguished name, luxury hoteliers the world over are recognizing the importance of the Brazilian market.

The Luxury sector is an area of particular importance to Christopher Nesseta, CEO of the Hilton Hotels Group, he believes the coming decade is going to offer some exciting developments in the world of luxury services, and in a determined vote of confidence, Hilton are expanding their luxury presence worldwide by developing several new Waldorf-Astoria projects by the end of 2009. An attitude echoed by Frits van Paasschen the CEO of Starwood Hotels & Resorts.

This blog was adapted from the article Hotels CEOs: ‘The Worst Is Behind Us’ by Lauren Darson writing for www.management.travel

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FIFA Destinations

Posted by Pioneer Land Group in Tourism.

With Brazil playing host to FIFA World Cup in 2014, the excitement levels in this football mad country are already starting to build, and why not? Football may have it roots set in England, but for the purist there is only one nation that truly delivers. No other country has had such an impact on the world game and many believe that Brazil 2014 will see football finally come home. What cannot be disputed, is the stunning environment in which this World Cup will take place. Set amongst 12 different cities, each with their own unique feel and buzz, the atmosphere will be electric wherever you go.

I want to talk briefly about Natal here, but recently FIFA have begun profiling each of the elected cities so if you get the chance head over and check out all their destination on their website.

Natal City FIFA 2014 World Cup Stadium

Natal City FIFA 2014 World Cup Stadium

Read the rest of this entry »

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Brazil tourism board launch new website

Posted by Pioneer Land Group in Tourism.

The BrazilianTourism Board known as “Embratur” has lauched the 2nd phase of their “Brazil Sensational” advertising campaign with an overhaul of their website www.brasilnetwork.tur.br. With an advertising budget for the US alone of $13m, the Embratur president highlighted that key audiences increasingly use the internet as their sole source when booking travel packages, airfare and hotels. “Not only does the Brazil Network provide information for the consumer, but it is also significant for business travelers, tour operators and travel agents” says Walter Vasconcelos, Embratur Director of Marketing. For the full story visit Reuters: http://www.reuters.com/article/pressRelease/idUS122065+01-Sep-2009+PRN20090901

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President Lula presents big goals for tourism

Posted by Pioneer Land Group in Tourism.

President Lula da Silva has been laying down his countries ambitions for their tourism industry over the next 8 years. Already hosting the FIFA World Cup in 2010, Brazil is keen to stamp its authority on the global tourism stage with a bid for the 2016 Olympic Games. In a very successful global summit on travel and tourism, delegates from around the world gathered to discuss the key issues concerning the industry today. Given the state of the global economy many believe this to be the most important conference yet, and President da Silva was keen to take advantage of such an opportunity.

The attraction of Brazil is obvious to many – year round sunshine, beautiful beaches and a party atmosphere and a low cost of living ticks many boxes on the tourist checklist. However, President da Silva used the platform as an opportunity to talk about the responsibility of governments in ensuring the travel and tourism industry continues to grow not just in Brazil but also in South America. Furthermore, he talked about the need to make travel and tourism accessible to every Brazilian citizen and not just the wealthy elite.

Speaking at some length on the airline sector, the President stressed the importance of opening affordable air routes to cater for the masses. “How do we expect Brazilian tourism to work if we don’t have, for example, more competitive flights from the airline sector? “How do we expect a Brazilian gets to know South America if we have few flights to South America? Or how do we expect South American travels to Brazil if the flights from South America to here are few?” the president said. Freedom of mobility was the underlying theme, a vision where all South Americans are able to explore their great continent, as well as bridging the continental gap between Africa and Brazil.

Bold words by the Lula da Silva, but with the government already pledged to spend US$304 billion in infrastructure, providing 4,700kms of railroads and considerable upgrades to all airports, roads and existing railroads, the next 8 years could be very interesting indeed.

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