Archive for the ‘Hospitality and Tourism Brazil’ Category

Dallas, U.S. based Restaurant expands into the Brazilian market

Comments Off | 10-19-2011

Dallas based restaurant, Chili’s® Grill & Bar, recently introduced its bold Southwestern flavors into Brazil when the brand opened its first restaurant in one of South America’s fastest growing countries.
The newest emerging world market to welcome Chili’s, in turn introduced the brand’s culinary team to Picahna, a prime cut of top sirloin popular in the [...]

Tags: , , , , , , , , ,
Posted in FDI Brazil statistics, General, Hospitality and Tourism Brazil | Read More

Worldhotels acquires Sao Paulo’s Hotel Transamerica

Comments Off | 10-17-2011

Worldhotels, the hotel group for independent hotels and regional hotel brands, Friday announced the addition of the Hotel Transamerica Sao Paulo in Brazil to its growing South American portfolio.
Hotel Transamerica is a 396-room resort hotel, which is part of the Grupo Alfa conglomerate. Its acquisition brings Worldhotels’ global collection to 450 affiliate properties in 250 [...]

Tags: , , , , , , ,
Posted in FDI Brazil statistics, General, Hospitality and Tourism Brazil | Read More

Brazil Hospitality Group to acquire Hotel Rio Palace

Comments Off | 07-8-2011

Brazil Hospitality Group S.A (BHG) announced Thursday it attained approval to acquire Hotel Rio Palace.
The approval was by unanimous decision of the Registered Instrument of Promise of Purchase and Sale established on August 26, 2010, and amended on September 2, 2010, between BHG and Veplan Hoteis e Turismo S.A. (Veplan), a company in bankruptcy reorganization [...]

Tags: , , , , , , , , ,
Posted in FDI Brazil statistics, General, Hospitality and Tourism Brazil | Read More

Travelers Companies Inc. completes acquisition of 43 per cent interest in Brazilian firm

Comments Off | 06-22-2011

The Travelers Companies, Inc. announced Tuesday it has completed its acquisition of a 43 per cent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil with a market share in excess of 30 per cent.
Travelers’ investment in newly issued shares will significantly increase JMalucelli’s capital [...]

Tags: , , , , , , , ,
Posted in FDI Brazil statistics, General, Hospitality and Tourism Brazil | Read More

Brazil Hospitality Group announces first acquisition in the state of Mato Grosso

Comments Off | 07-8-2010

The Brazil Hospitality Group (BHG) Thursday announced the acquisition of Hotel Odara in Cuiaba, marking the group’s commencement of operations in the state of Mato Grosso. The hotel is currently rated as one of the country’s top hotels by the 4 Rodas Guide given its strategic location.
Pieter Jacobus Vader, BHG’s president, said the new investment [...]

Tags: , ,
Posted in Brazil Industries, Brazil State and Cities Investments, Hospitality and Tourism Brazil | Read More