Industry

Tourism sector in Brazil accumulates losses of $23 bn

The sector has already lost R$122 billion ($23 bn) from March to June. The amount is equivalent to more than three months of sales in the sector, estimated at R$40 billion ($7.5 bn), according to CNC data. The entity estimates that it may take until 2023 for the sector to resume the 2019 revenue level, before the pandemic. Today, the sector operates with about 15% of its capacity.

Source: Folha

Categories: Industry