Which will mean more petition and lower prices

Which will mean more petition and lower prices. "Normally they're really protectionist. Brazil is an extremely protectionist market in various sectors, including air," Paiva explains. "But the Brazilian government knows that the air solution is more rapid than building more roads or train tracks, which is expensive. And you're looking at decades, not years. So for all the problems Brazil has with travel infrastructure, the fastest and most efficient solution in the short term is more flights."Brazil's flying class has been growing by about 10 percent a year for the last decade. Boeing predicts a 400 percent increase in air travel in Latin America over the next two decades. And in Brazil, they're starting to buy online. Only 20 percent of tourism bookings in Brazil are made online people actually visit physical travel agencies; online travel is a $6 billion industry in Brazil, but it's expected to double by the Olympics. "In the last five years, the number of people with Internet access doubled in Brazil. In the same timeframe, the number of airline passengers grew at the same proportion," says Paiva. "Coincidence? Absolutely not. Among the diverse factors contributing to the rapid expansion of the travel industry in Brazil, more specifically the airline sector, the Internet has been without a doubt the most important."Brazil's online travel agency market is booming, but it's dominated by travel agencies. Rio de Janeiro-based HotelUrbano, which raised a $20 million Series C last summer from Insight Venture Partners, and another $50 million from Tiger Capital and Insight, is expected to top $250 million in revenue this year and they rank eighth on the list of Brazil's parison travel sites, capturing 3.5 percent of web traffic. Mundi ranks fourth with 9 percent of the web traffic share of voice. Voopter doesn't even make the top 10 list. But with its first capital injection, 4.2 million users and 300 percent month to month growth since January, that's all about to change . Northstar Travel Media has made its second Asia-based acquisition in a month, picking up Web In Travel, an event and media pany serving the travel and meetings markets. The deal plements another made by the pany in early March when it purchased several brands from Contineo Media, which, like WIT, is based in Singapore.