The Top Businessman in the Tourism and Hotel Industry in Brazil-Guilherme Paulus
Guilherme Paulus is a Brazilian national who founded of the Operadora e Agencia de Viagens CVC Tur Lrda where he has served as its chairman for over 45 years. Paulus started the company when he was only 24 in 1972 with his partner, an active politician who left the business after four years of its operation. Through Guilherme Paulus hard work and dedication, the company grew exponentially to become the biggest tour operator in Latin America. In 2009, it however sold 63.6% of its stake to the Carlyle Group at a price of $ 420 million. What’s more, 2005 saw Paulus establish the GJP Hotels and Resorts, a group of more than 15 hotels and resorts located in different parts of Brazil. Read more about Guilherme Paulus on Crunchbase.
About Guilherme Paulus’ Achievements
Guilherme Paulus has made a name for himself over the years due to his successful business operations in tourism making him join the list of Forbes billionaires. Equally important, Paulus was also named as the entrepreneur of the year in 2017 and was on the cover of the Isto e Dinheiro Brazilian magazine. Paulus has also provided employment to over 1,900 people through his hotel business where he invested an estimate R $ 600 million. Again, he was responsible of building the CVC tourism network whereby it continues to flourish even after selling it where he remained with 8% ownership. Again, as the GJP group’s president, his upscale hotels are classified into four categories where he has the Wish, Prodigy, Linx, and the St Andrews Hotels.
Further, the reason behind Paulus selling of the CVC Company was ultimately to get the tourism business to a higher level through the global investment fund. This worked out well as the company has now grown to hold revenues worth R $ 5.2 billion annually after opening at the stock exchange market in 2013. Furthermore, Paulus had also introduced the tour operator stores in over 400 malls in Brazil where 140 were in hypermarkets. Besides, as part of the company’s growth strategy, Paulus extended his business to reach out to the unexplored areas by opening stores in places with much less population of 60,000 inhabitants. In addition, Paulus had also invested heavily on CVC’s corporate social responsibility of training the younger generation who are vulnerable by teaching them about the tourism business.