This Thursday is the opportunity to watch the first game one of the most awaited for sports events that happens every 4 years. The FiFA World Cup is being held in Brazil this year and should be a boon for hoteliers at the destination whose supply grew strongly in recent years.
In order to achieve these figures, Brazil had to grow its supply by creating 173,000 new beds in the regions hosting the World Cup. The twelve cities concerned are Belo Horizonte, Brasília, Cuiabá, Curitiba, Fortaleza, Manaus, Natal, Porto Alegre, Recife, Rio de Janeiro, Salvador and São Paulo.
In terms of windfall, a study by Embratur shows that Brazilian and foreign tourists should spend some 8.2 billion euros During the World Cup, representing more than the total amount of investments made by the federal government (close to 7.4 billion euros).
With this increase in its accommodations supply, the country plans to extend the benefits, in particular by hosting the Olympics in Rio in 2016.
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