Periódico: Tourism and Hospitality International Journal
Fonte: Tourism and Hospitality International Journal ; Vol. 19 No. 1 (2022): September 2022 - [31st Edition]; 12-23
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Resumo: Despite its natural beauty and hospitality, Brazil occupies only the twenty-seventh position in the ranking of the most visited countries in 2017 (World Tourism Organization, 2018). To understand which variables can help explain this position below its potential, this article used a panel data model (random effects) from the period 2004 to 2016 based on the ten countries that most sent tourists to Brazil in that period. The results showed that the geographical distance and inflation harmed the Brazilian tourism demands, indicating that the geographic proximity promotes the tourist demand, and the level of controlled inflation also seems to boost the Brazilian tourist demand. On the other hand, the Gross Domestic Product, the border with Brazil, the number of hotel rooms, and the exchange rate were positively correlated. With this information, not only the Brazilian government but other Latin American countries will have more subsidies to develop strategies and policies that increase their position in the international ranking of the countries that receive the most tourists in the world.
