Following recent news from the IMF that they have readjusted their forecast higher for Brazil’s growth in 2010, now 5.5%, it seems the economists are proved right and Brazil is set for a number of prosperous years of economic growth ahead.
For Pioneer Land Group our interest is the luxury hotel industry specifically, and this week we received more good news as leading independent global hotel analysts STR Global announced the Brazil’s hotel industry is going from strength to strength. Official data released shows Brazil average hotel revenue has grown over 15% year-on-year over the past 12 months, and currently averages over 70% occupancy across its hotel industry (over 10% higher occupancy than any other country in North or South America).
As Natal Ocean Club Resort & Spa prepares to become Brazil’s flagship luxury resort under experienced management from the Preferred Hotel Group, it is pleasing to know that large numbers of visitors from around the world will soon come to explore this beautiful area and delight in the luxurious Natal Ocean Club. For full details on the hotel figures released please click here.
