Lodging Market: Overcoming Constraints to Gain First Mover Advantage
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[Excerpt] Brazil is among the world’s ten largest economies and is Latin America’s strongest economic force by a wide margin. The country’s long-term growth potential is generating considerable interest among property investors. Brazil is a market for investors to consider who are in search of significant growth. A contrast to the underwhelming economic growth in Western Europe and the U.S., Brazil provides a more upbeat picture, with economic growth over the next several years to be twice as high. Active investors in Brazil include private equity and institutional investors from the United States, Europe and Latin America. Investment funds from the Middle East and Asia have Brazil’s real estate and hotel markets on their radar as well.
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Cornell Real Estate Review
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Brazil; market economics; Latin America; hospitality; hotels; hospitality investment; BRIC real estate; Jones Lang Lasalle; Cornell; real estate
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Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.