Brazilian Tourism Booming as Hotel Occupany Rates Rise

Hotel accommodation rates in samba friendly Rio de Janeiro have climbed a healthy 12 percent in the last 12-months as more tourists flock to the sunny regions of Brazil . Hotel chains like Accor and Marriott International have raised their daily rates on average by 5.5 percent in the first half of 2009. The highest they have been since 2005. Rio on Fire Smith Travel Research Inc. also released other interesting bits of data. While occupancy rates dropped by 7 percent nationwide, in Rio it

Read this article...