IBOV 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,191.11 ▼ 0.15% MERVAL 3,024,971 — 0.00% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% USD/BRL5.15▲ 0.08% USD/MXN16.97▲ 0.06% USD/CLP922.38▲ 0.08% USD/COP3,123▲ 0.93% USD/PEN3.35▲ 0.27% USD/ARS1,510▼ 0.28% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.01▲ 0.33% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.79% USD/VES789.35▲ 0.36% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL6.00▼ 0.07% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,191.11 ▼ 0.15% MERVAL 3,024,971 — 0.00% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

Brazil: Tourism sector invoices US$3.1 billion in March

By · May 18, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – The tourism sector in Brazil earned R$15.4 billion (US$3.1 billion) in March – an increase of 43.5% compared to the same month in 2021. The data are from the Tourism Council of FecomercioSP (Federation of Commerce of Goods, Services, and Tourism of the State of São Paulo).

Despite still being 7.1% below the pre-pandemic level, the area shows recovery. Two sectors were primordial for the advance: lodging and food (R$4.5 billion) and air transport (R$4.4 billion).

The airline sector advanced 113.5% in one year. In comparison with 2019, however, it fell 3.8%. According to FecomercioSP, four factors contributed to the high:

  1. Greater containment of the omicron variant;
  2. Pent-up demand in the pandemic;
  3. Carnaval days at the beginning of the month;
  4. Reduced restrictions and use of masks. The increase in aviation kerosene prices also influenced the increase in revenue.
Despite still being 7.1% below the pre-pandemic level, tourism shows recovery. Two sectors were primordial for the advance: lodging and food (R$4.5 billion) and air transport (R$4.4 billion).
Despite still being 7.1% below the pre-pandemic level, tourism shows recovery. Two sectors were primordial for the advance: lodging and food (R$4.5 billion) and air transport (R$4.4 billion). (Photo: internet reproduction)
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The movement in the airports also caused the accommodation and food services to advance 57.7%, with revenues of R$4.5 billion. The cultural, recreational, and sports activities grew 33.2%, reaching R$1.3 billion.

According to the federation, the same reasons that influenced the increase in the air transport sector also impacted land transport – which invoiced R$2.7 billion, growing 11.1%. It exceeded by 9.3% the level recorded in March 2019.

Rental of means of transport, tourism agency, operators, and other services advanced 4.5%, with gains of R$2.5 billion. Water transportation invoiced R$41.4 million – a drop of 1.6% in the annual comparison.

For April, FecomercioSP expects that the Carnaval holidays and parades will positively impact national tourism. However, there is still “the challenge of mitigating the increase in costs, both to reduce the transfer to consumers and to maintain profitability,” says the federation.

According to Mariana Aldrigui, president of the FecomercioSP’s Tourism Council, the economic scenario will imply a drop in the number of people traveling – whether for leisure or business.

“The diversification of the product offer with lower final cost or good installment payment conditions can be an alternative for the travel agency and operation sector. Short-distance domestic tourism tends to be strengthened,” says Aldrigui.

With information from Poder360

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