Brazilian Tourism Breaks Four Records This Year, Including Foreign Funds

Brazil Tourism Brazil's tourism ended the first four months of 2007 with four record figures: the number of domestic arrivals on regular flights (commercial), the total of domestic arrivals (on commercial and chartered flights), the volume of foreign funds (foreigner's expenses in the country) and the tourist bilateral trade (sector expenses plus revenues).

This information is included in the 14th Tourism Economic Performance Bulletin, published by Getúlio Vargas Foundation (FGV), together with the Ministry of Tourism, with some sector results for the period from January to April.

The study shows, for example, that the number of domestic arrivals (passengers) on regular flights in April was 4.15 million. The previous record had been in January, when there were 4.11 million arrivals.

In the accumulated result for the first four months of the year, the figure reached 16.4 million, an increase of 9.1% over the same period in 2006. The study shows that the result was powered by the growth of arrivals on regular flights (commercial).

The volume of foreign currency revenues, the expenses of foreigners in the country, reached, in the first four months of the year, US$ 1.332 billion – a result 9.7% greater than in the same period last year.

This result is the greatest obtained since the sector started being evaluated. Such growth occurred in spite of a 8.79% reduction in the number of the foreign tourists coming to Brazil in the first three months of this year.

The last record in tourist bilateral trade (revenues plus expenses) was also a highlight for having ended the period at US $ 2.925 billion, 18.9% over the total for the same period in 2006.

ABr

Tags:

You May Also Like

Brazil’s Scandal-Plagued House Speaker to Resign Today

Severino Cavalcanti, the president of Brazil’s Chamber of Deputies (equivalent to the Speaker of ...

Brazil’s Lula Signs Bill Making Corruption Heinous Crime

Brazilian president Luiz Inácio Lula da Silva said this Wednesday, December 9, during a ...

Markets: Another Red Day for Brazil

Brazilian and Latin America receipts posted modest declines, as strength in U.S. markets was ...

At 13%, Brazil’s Unemployment Rate Lowest in a Decade

In Brazil, unemployment rates in the metropolitan regions of São Paulo, Belo Horizonte, Porto ...

Dilma and Serra to Have First TV Debate Less than 2 Months Before Presidential Election

Dilma Rousseff and José Serra, Brazil’s main presidential candidates, will be holding their first ...

Adopting US Digital Technology Would Be Shame for Brazil, Says Argentinean

The decision by Brazil on its digital format could influence the future of telecommunications ...

Brazil Cuts 0.5% in Key Interest Rate. ‘Too Little,’ Say Workers and Employers.

It came as a surprise for many Brazil Central Bank’s latest cut on the ...

Brazil: Bahia’s Elite Preventing Indians from Getting Land

The torture case of five Brazilian Tupinambá Indians in the state of Bahia, in ...

Brazil Backpedals and Denies Reprisal Against Argentina

The Brazilian government denied it was thinking on reprisals against Argentina because of the ...

Brazil Targets Blacks and Women in New AIDS Campaign

The Brazilian government started yesterday, World AIDS Day, an awareness campaign among Brazilians that ...