Wednesday, March 9, 2011

Carnaval reveals Rio´s tightening hotel situation

This year´s Brazilian Carnival (Portuguese: Carnaval) celebrations have provided a telling insight into one of the most pressing requirements in Rio de Janeiro ahead of the 2014 World Cup and 2016 Olympics: accommodation.

Yesterday the Rio state governor Sérgio Cabral affirmed that the hotel sector in the capital city has reached 100% occupancy during this week´s celebrations and that they are planning a range of actions to increase supply significantly over the coming years, adding that he sees the problem as a “sweet” one to resolve.

Cabral also pointed out that the city´s vacancy rate for commercial space is a very low 2%.