Marriott International still plans to increase its number of locations in Brazil nearly threefold by 2018.
Vice president of development Guilherme Cesari said that he believes these economic issues are short term. Cesari noted that Brazil still has a strong domestic market, not only with international travellers, but also with many local business and other professionals travelling nationally and needing professional-level hotels.
He also noted that Brazil has more than 15 cities with more than 1 million residents, which he calls gateway cities with a strong and growing middle class and domestic market.
Marriott’s first hotel in Latin America was in Mexico in 1990, and over the next 20 years Marriott added 50 hotels in the region. However, from there, development exploded, and that number doubled in the next five years from 50 to 100. Now Marriott says it will add another 60 in the region over the next three years.
Those 60 hotels are spread throughout the Latin American region, but Brazil seems to be the country with the biggest increase. The company now has six locations in Brazil, with 11 more in the pipeline to open by 2018.
Source Motley Fool
Chinese Premier Li Keqiang is to visit South America this month following a pledge to invest US$250 billion into the resource-rich continent over the next 10 years.
China, the world’s second-largest economy, is currently buying oil from Venezuela, copper from Peru and Chile, and soybeans from Argentina and Brazil, investing billions of dollars into the South American Economy.
Li’s visit to Brazil, Columbia, Peru and Chile comes after President Xi Jinping visited Latin America in July last year to boost China’s trade. Visits by top Chinese leaders are typically accompanied by impressive deals, especially in resource-rich nations like Brazil and Chile.
China has been steadily building ties with South America, which is traditionally considered the backyard of the United States, in an effort to continually look for resources to power its remarkable economic growth.
Earlier this year Beijing hosted leaders from 30 Latin American and Caribbean countries in the region for a China-CELAC forum. CELAC (the Community of Latin American and Caribbean States) includes all countries in the Americas except for the US and Canada.
Source Daily Mail
ITS CHRISTMAS! So we thought we’d give you a few facts on Christmas in Brazil and share the Brazilian traditions – how does it compare with yours?
Brazilians belong to different ethnicities that started out as a Portuguese colony. Thus, many Christmas customs in Brazil owe themselves to their heritage. A Nativity scene or Presépio (Hebrew word meaning bed of straw on which Jesus slept in Bethlehem) is prepared in north-eastern Brazil. The Santa Claus figure that brings gifts for children is known as Papai Noel or Father Noel who lives in Greenland and wears silk clothing in Brazil due to hot summer conditions. Traditional Christmas dinner called Ceia de Natal consists of turkey, ham, coloured rice, vegetables and fruit dishes.
Catholics attend Midnight Mass or Missa do Galo that ends at 1 AM on Christmas morning. On December 25th, masses are held at churches for Catholics in the late afternoons so that people can sleep till late or go to beach. Home decorations mostly consist of fresh flowers from the garden. In big cities such as Brasilia, San Paolo and Rio de Janeiro, there are fireworks in the night time. Folk dancing and singing is quite common. Festivities go on till 6th of January or the Three Kings Day, when the three wise men finally visited Jesus with their gifts.