Brazil is expected to attract around 3.5 million foreign tourists by March. If the numbers estimated by Embratur are confirmed, this will represent an 11% increase compared to 2016, which means an additional 360,000 tourists visiting Brazil during this period. Their arrival is expected to inject about $3.15 billion into the country’s economy.
At least 2.3 million of these tourists are expected to be Latin Americans, primarily from Argentina. About 2 million Argentinians are expected to travel to Brazil to enjoy the summer. Paraguay, Chile, and Uruguay (respectively) complete the ranking of the main sources of tourists.
According to Embratur, several factors are attracting more foreigners to Brazil. “We are investing in our neighboring markets, which are the biggest drivers of tourism to Brazil. The exchange rate is currently favorable for Argentinians, Paraguayans, Uruguayans, and Chileans, for example. There is also a greater supply of international flights to Brazil, and our hotel network has also grown to meet this demand,” said the president of the institution, Vinicius Lummertz.
In December, the number of international flights to Brazil grew by 8.5%, with the total number of seats increasing by 11.8%. Tourism companies saw a 4.3% increase in revenue in the 3rd quarter of 2017.
Source: Brazil Gov News