Brazilian hotel industry: Brazilian hotel groups expanding operations
Posted: 08/09/10 with the tags Tourism Market Infrastructure in Brazil
Majority of the new hotels will be in the lower economical and medium segments in the market. Atlantica Hoteis Internacional is mainly focusing on medium sized cities in Brazil with strong growth numbers as well as the bigger cities where hotel occupation levels are close to reaching maximum levels.
With the new hotel investments, the group will invest up to 550 million R$ in their expansion within the Brazilian hotel market.
Hotel profit numbers shows the increasing investment potential for Brazil property
The profit numbers from Atlantica Hoteis Internacional are very interesting to read. For the 1:st quarter of 2010, the group's profit grew by 21% compared to last year with occupation rate having grown by 12,45% and the average daily rate increased by 6,77%.
These numbers are also very encouraging for Brazil property investors as it clearly shows the potential to make excellent rental returns from smart property investments in Brazil.
Many of Brazilian Homes clients have purchased properties in our well working property developments in Brazil, and we have always forecasted that steadily but slowly the occupation rates along with daily rental rates will improve, which in turn will lead to higher investment returns for Brazilian real estate investors.
Brazilian Homes rental department which offers property for rent in Brazil, is already seeing this very clear trend for our rental properties as well. Along with economical growth in Brazil, rental rates along with occupation rates will improve and our clients stand to make very healthy investment returns from their property investments in Brazil. Please see our section with property for sale in Brazil to see the current investment opportunities.