Tour operators lose $ 182 mm in sales

Tour operators in the country had a 90% drop in revenue in April, compared to the same month of 2019, which corresponds to a loss of R$ 1.08 billion ($ 182 mm). The drop is a result of the crisis experienced by the tourism sector due to the covid-19. For the year, it is expected that tour operators will show a 51% to 75% drop in revenue, reaching an amount between R$ 7.7 billion ($ 1.4 bn) and R$ 11.3 billion ($ 2 bn).

Source: Valor Investe