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Brazils sees boost from business tourists
Business tourists in Brazil are spending more money on a daily basis than leisure tourists, it has been revealed.
A new study shows that visitors who jet into the South American country for meetings or conventions splash an average of $165.14 (£82.26) a day compared to those who are on holiday who spend around $73.53.
The figures, unveiled by the Economic Research Institute Foundation, were described as "very good" by Jeanine Pires, president of the ministry of tourism and the Brazilian tourism institute.
She added that they reflected Brazil's economic development over the past few years.
The study also found that the cities most popular with tourists were Rio de Janeiro, Foz do Iguacu, Florianopolis, Salvador and Sao Paulo and that 65 per cent of visitors have been to the country previously.
Foreign business people are said to spend the most money in Sao Paulo followed by Rio de Janeiro, Curitiba, Porto Alegre and Belo Horizonte.
Last month, Samuel Lieber, head of the Alpine International Real Estate Equity Fund, claimed that foreign property buyers were increasingly investing in Brazil because of its popularity as a holiday hotspot.
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