Brazil, one of the few countries that are still experiencing strong growth in the current economic climate, has name by Jones Lang Salle Hotels as a hot spot for investment.

“Brazil is one of the few countries in the world with a growing economy and it has received an investment grade rating from S&P and Fitch.  As a result, foreign investment in Brazil is poised for growth, and the market is becoming increasingly attractive to institutional and private equity investors. The hotel sector will benefit from the growing economy and the increased inflow of foreign capital,” said Arthur Adler, managing director and CEO-Americas, Jones Lang LaSalle Hotels.

Brazil’s tourism ministry has predicted that international tourism will double by 2010, and the government has put its money behind that belief.  More than $235 billion has been invested in improving infrastructure such as airports and roadways to make tourism even more attractive to the region.

Ricardo Mader, the new executive vice president of Jones Lang LaSalle Hotels, has identified new hotel development as the place for investors too look, as there are few products on the market to buy. The possible hosting of the 2014 FIFA Soccer World Cup is peaking investors attention as well. 

The mid-market and budget sectors in secondary markets have been singled out as particularly robust and productive as investment sectors.

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