By David Owen
May 13 – World Cup tourist spending in Brazil in June and July may exceed $3 billion, the Brazilian Government has forecast. In the latest of a series of announcements that appear designed, in part, to convince ordinary Brazilians that staging sports mega-events is a good investment for South America’s biggest country, the Ministry of Tourism unveiled research findings suggesting that foreign tourists would spend nearly $2,500 each, excluding airfares, during their stay.
World Cup tourist spending forecast to top $3 billion
