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RIO DE JANEIRO — The Brazilian tourism sector lost 261.3 billion reals (about $48.726 billion) last year due to the COVID-19 pandemic, the National Confederation of Commerce, Goods, Service and Tourism (CNC) said on Thursday.
In a report, the CNC said that the figure represented the period between March and December 2020, that is, from the arrival of the novel coronavirus infection in the country. Taking into account all of 2020, the losses totaled about $51.094 billion.
“It is a huge toll, and recovery will…