South American Real Estate News
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“Boutique hotels” added to Brazil’s accommodation rating scheme

Travellers looking for hotels in Brazil can now search for properties with a ’boutique’ rating following the addition of the classification to the country’s accommodation rating system. ‘Boutique’ is the seventh category to be added to the scheme, joining other groups such as resorts and apartments. Thirty-five…

Brazil´s Hotel Industry adopts new star rating system to become more competitive internationally

The Brazil hotel market is booming in the build up to the 2014 FIFA World Cup and the 2016 Olympic Games. But what the country has boasted in momentum it’s also lacked in transparency—until now. The country has launched the Brazilian System for the Qualification of Accommodation Options, a…

Brazil started 2011 with massive foreign capital investments inflows

The inflow of us dollars to Brazil so far this year (Jan-March 5) marks a surplus of usd 24.3 billion over outflows, which helped to further appreciate the Brazilian Real, according to the latest figures released by the Central Bank. This is the result of financial operations mainly by Brazilian corporations’ overseas issues…