6/10/2009

With relatively good tourism numbers and a declining currency, Brazil has become a potential hot spot for hotel investment while other markets continue to struggle amid the global recession, according to a new report from Jones Lang LaSalle Hotels. Occupancy numbers at Brazilian resorts have increased in the nine months that the Brazilian real has been declining, and while acquisitions will become more viable once investors get a hold on property values, the best opportunities will be in development of properties with international and national brands.

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