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Learn moreSep 2017
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Online travel sales to residents continued to gain ground on offline travel sales to residents in 2017, as Brazilians increasingly incorporated the habit of making purchases online, especially given the growing use of the internet for communicating lower-priced offers. Online travel sales to residents grew by 7% in 2017 to reach BRL30.9 billion, compared with a 6% CAGR over the review period.
Online travel sales to residents is expected to record a 5% retail value CAGR at constant 2017 prices over the forecast period to reach BRL37.2 billion by 2022, significantly higher than the negative constant value CAGR of 1% witnessed over the review period, as the economy gradually returns to its conditions prior to when GDP results in Brazil began to decline, which will enable consumers to regain confidence in slowly resuming their spending on travel, either online or offline.
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Discover the latest market trends and uncover sources of future market growth for the Online Travel Sales to Country Residents industry in Brazil with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Travel And Tourism market research database.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.