Rio Grande Do Norte Tops the Charts for Domestic Visitors in Brazil

A joint analysis of the latest air ticketing data by data firm ForwardKeys and Emprotur, Empresa Potiguar de Promotion Turística, shine some positive light on domestic tourism in Brazil, particularly to the star of Rio Grande do Norte, Natal, as the city demonstrates resilience and demand. The overall performance of the Brazilian domestic market in June reached 108% of the 2019 demand, encouraging considering the current climate.

Distressed Hotels Find New Ownership and Vision – By Kristopher Swanson

The Covid-19 pandemic has had a significant impact on the financial wellbeing of hotels around the world, especially in regions that have experienced prolonged lockdowns and reduced travel. Real estate investment funds and managers, such as Apollo, KSL Capital, and Tristan Capital Partners, have taken advantage of the growing amount of opportunities to purchase distressed hotel assets.