Hospitality Industry News
New supply weakens Rio hotel occupancy levels during Carnival 2017
Sao Paulo, Brazil – 5 April 2017 – Despite an increase in demand, hotels in Rio de Janeiro reported lower occupancy levels during this year’s Carnival of Brazil, according to data from STR. Rio occupancy decreased 12.1% when comparing Carnival 2017 (24-28 February) with Carnival 2016 (5-9 February)