Brazil Tourism Amplifies the Leisure and Hospitality Buildings Construction Market

Sep 13,2021 | Construction

South America’s largest nation, Brazil has some of the world’s most scenic landscapes. Besides having the largest and busiest cities - Sao Paulo and Rio de Janeiro, the country is known for its beautiful beaches, waterfalls, rivers, lakes, mountains and jungles.

Brazil is also famous for the carnivals and celebrations that occupy the cities for days during different religious occasions. With so much to explore, the tourism industry has boosted the leisure and hospitality construction sector of Brazil.

The leisure and hospitality buildings construction sector of Brazil registered a CARC of -8.86% during the period 2016 to 2020 with an output value of BRL2,428.56 million in 2020, a decrease of 20.65% over 2019. The sector achieved its strongest performance in 2016 when it grew by 28.05% over the previous year and its weakest performance in 2020, when it decreased by 20.65% over 2019.

The Leisure and Hospitality Buildings market depicts the construction of buildings used for accommodation, foodservice and indoor leisure activities. This includes hotels, motels, casinos, restaurants, leisure centres, gyms, theatres, conference facilities, exhibition centres, stadium buildings and arenas, and cinemas.

This research handbook offered on Bharatbook provides historic and forecast market data for the Leisure and Hospitality Buildings construction market in Brazil, with a detailed breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition) and by cost type (construction materials, construction equipment and construction services). It provides up-to-date market size data for the period 2016-2020 and an illustrative forecast to 2025.

It also provides a top-level overview and detailed insight into the operating environment of the Leisure and Hospitality Buildings construction market in Brazil. It is an essential tool for companies active across the Brazil construction value chain and for new players considering entering the market. The broad but detailed perspective will help all the players in the construction activity to understand and succeed in the challenging construction market. It also enhances your knowledge of the market with key figures detailing construction type, as well as allows you to plan future business decisions using the forecast figures given.

To get more insights on the market, please visit Leisure and Hospitality Buildings Construction Market in Brazil.