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How Does the Influx of Money from World Cup 2014 Impact the Hospitality Sector in Brazil?
The hospitality sector in Brazil is being deeply affected by the influx of money from the announcement of the 2014 World Cup (Brazil, 2010). Even though the event is not taking place until next year, changes are already taking place in Brazil. Stadiums will be one of the largest issues for the hospitality industry and the 2014 World Cup. It has been determined that it will cost more than $1.1 billion dollars to construct and refurbish just the stadiums (McLoud, 2011; Shanahan & Goldstein, 2010). Further millions of dollars will be spent on infrastructure throughout the country. There will be such a large influx of people for the event that more than hospitality has to be addressed. The last time Brazil hosted a World Cup event was 1950, and much has changed since then (Future, 2011). When the country was notified that it was going to be hosting the event in 2014, there was talk of how Brazil is a modern nation, and how the World Cup will allow the country to move forward with new and better infrastructure from the influx of funds (Host, 2009).
There are a large number of big projects…
Brazil Hospitality and the 2014 World Cup Brazil is in 2014 expected to host an estimated 50,000 soccer fans from all over the globe. The event is to last for four weeks. The fans are expected to stay in the hotels, eat in restaurants, shop and visit Brazil's many attractions. Hosting an event of this magnitude is a challenge especially for a developing economy like Brazil. However, with careful planning the
hosting the 22nd FIFA World Cup in 2022 in Qatar. It is the first football tournament of an international level that will be taking place in the Middle East. Ever since Qatar won the bid for this project, the construction of the venues has been started. However, the main focus of this paper is to explore the logistics aspect of this mega project. Some important definitions of the terms
Qatar World Cup There is little doubt that the Doha skyline is one of the world's most impressive; Qatar is a great place to work if you are an architect. But if you are one of the people building those towers, Qatar may not be such a great place to work. The same goes for any of the two million foreign workers in the country -- some 94.1% of all employed
Global Trends and National Security The National Intelligence Council's 2008 report Global Trends 2025: A Transformed World attempts to provide policymakers with a summary of the probable, possible, and plausible changes most likely to affect global governance and stability over the course of the next decade and a half. The report covers a wide range of topics, but perhaps the most salient predictions included in the report, which ultimately serve to
Influx of Money Impact Hospitality Sector in Brazil how influx of money impact brazil'S HOSPITALITY SECTOR How Money Influx from World Cup 2014 Impact Brazil's Hospitality Sector How Money Influx from World Cup 2014 Impact Brazil's Hospitality Sector Action plan The literature review seeks to scrutinize and evaluate the probable effects of the influx of money from 2014 World Cup in Brazil in relation to growth and development of the country's hospitality industry (Jones
Tourism Know In spite of Rio's iconic statue of Christ the Redeemer and its noteworthy names like Copacabana and Ipanema, relatively few international visitors make it to Brazil. According to Smale (2010), Brazil does not even come close to being in the top ten international tourism destinations in the world. Only 5.2 million people visited Brazil in 2010 (Smale, 2010). This is compared with the top spot-holder France at 76.8 million people.
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