Hotel company to invest in Brazil
Date added: 23rd June, 2011 at 14:00
(view all articles from June, 2011)
Categories: Hotels
Hotel firm Brazilian Hospitality Group (BHG) is to make an investment in Brazil.
Speaking to Reuters, chief executive of the company Peter van Voorst Vader said the organisation expects to own 13,000 rooms by 2014.
The enterprise currently runs 6,250 rooms but plans to expand its domestic operations substantially over the next few years.
One of the places the business is targeting is Itaguai, just outside of Rio de Janeiro, where it hopes to capitalise on the business tourism market.
"We will ... focus on places where there will always be business activity," Mr Vader told the news provider.
Itaguai is home to iron ore docks, a steel mill and other industries but currently only has a few bed and breakfasts, he continued.
BHG is developing a 200-room hotel in the area, with Mr Vader saying the company is concentrating on increasing its share of the Brazilian market.
Hotels in Brazil are soon to be rated under the news SBClass system, which will reward inns up to five stars for the quality of their services and premises, the Independent recently reported.
Property Bond International Ltd was established in 2003 to help overseas buyers purchase Brazilian Property Investments. A free personal search service is also offered whereby clients specify exact requirements and properties are searched for. Property Bond also offer a consultancy service for clients or businesses wishing to enter into Brazil to make contact with product suppliers or purchase other investments, rent offices. - see www.brazilianassets.com
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Extra flights to increase access to property in Rio de Janeiro?
In which case, they may be pleased to hear that Brazilian airline TAM has announced an increase in the number of flights it operates from London to Latin America's largest economy.
The company noted the links between UK and Brazilian firms, with many employees required to travel between the two countries.
With an additional three flights a week added to the daily service it currently provides, the airline hopes that it may be able to cater for the number of British tourists and businessmen taking trips to the nation.
The extra journeys will run between London and Rio de Janeiro and are to begin on August 2nd, which may be good news for Brazilian property owners, whose assets could soon be more accessible to foreign travellers.
Hoteliers and operators of rental accommodation in the Latin American city may be particularly pleased to hear of the changes as they look forward to the 2014 Fifa World Cup and 2016 Olympics.
The 2016 event will be hosted by Rio de Janeiro, while the football tournament will involve many stadiums across the country, including those in the city.
TAM Airlines stated that the extra flights it plans to operate are designed to help cater for the increased demand that will be driven by the major sporting events.
It has already seen a growing number of customers for its Rio de Janeiro services, which were first introduced last year, as an increasing number of people take business and leisure trips to Brazil, with firms particularly attracted to Brazil's creative, banking and energy industries.
Indeed, a recent report from TAM Airlines highlighted figures from the Brazilian National Civil Aviation Agency, which showed there was a 26.7 per cent increase in demand for flights from the international market in March compared with the same month a year before.
The same statistics revealed that many of the people arriving in Rio de Janeiro may not be overseas travellers.
In fact, demand in the domestic market for flights across the country increased by 25.2 per cent in the third month of the year compared with March 2010.
However, it was noted that an influx of travellers was seen in the month due to the carnival held in Rio de Janeiro....
Date added: 16th May, 2011 at 13:25
(view all articles from May, 2011)