Not many people think about the tourism industry anymore. Everyone usually logs-on to some traveling site and buys plane tickets and books a hotel on their own. Behind all those easy-to-use sites and trip-planning apps is a company like CVC in Brazil.
When it comes to traveling to Brazil, the chances are high that nearly every visitor uses a CVC service. Guilherme Paulus and Carlos Cerchiari co-founded CVC, but Cerchiari left four years after the company’s founding. Paulus took over and built CVC into the largest tour operator on the continent. Using his 45 years of experience, Paulus single-handedly attracted much of Brazil’s modern global investors. Visit abramark.com to find out more.
After taking CVC from Santo Andre to international status, Guilherme Paulus began looking for foreign investors. In 2009, the Carlyle Group bought into his agency for $420 million, earning them 63.6 percent of the business. Together, they took CVC even higher.
When the company went public in 2013, its stock opened higher than anyone predicted. By the end of the year, the company reported making R$5.2 billion. Every year, they’ve stated that number’s grown two digits a year. They also announced a plan to open 100 new stores every year. To date, CVC has more than 400 stores all over Brazil.
While CVC has grown beyond Brazil, Guilherme Paulus sold most of his control of the agency, earning himself $750 million but kept eight percent ownership. After making his sale final, he began focusing more on his hotels and resorts.
In 2005, Guilherme Paulus founded GJP Group, a company that invests in hotels and resorts. The hotel chain currently has over 15 hotels and resorts operating in Brazil. Recently, they completed work on the Wish Resort Golf Convention. That resort won the Best Golf Hotel Award of 2017.
Mr. Paulus also named one of the Entrepreneurs of the Year 2017 by a local magazine. The Isto e Dinheiro called him one of the Brazilians who defeated pessimism with politics and economic brilliance.