Carnival drove Rio de Janeiro room rates to all-time high
February 2026 RevPAR hit BRL 1,050.78, up 48% year-over-year, with peak Sunday performance reaching BRL 2,491.14 RevPAR and 93.7% occupancy.
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Sofitel Rio de Janeiro Ipanema: an iconic transformation redefining Sofitel in Brazil
Sofitel, a pioneer of French luxury hospitality since 1964, announces the transformation of Sofitel Rio de Janeiro Ipanema into the brand's first flagship hotel in Brazil. With its inauguration scheduled for end of 2026, the hotel will emerge as a renewed icon on Ipanema Beach, offering 172 rooms and suites and a bold expression of Sofitel's contemporary vision of luxury hospitality.
Four Seasons and Catuaí Asset Announce Luxury Beachfront Hotel in Rio de Janeiro, Brazil
Leading luxury hospitality company Four Seasons and real estate asset management firm Catuaí Asset announce Four Seasons Hotel Rio de Janeiro at Leblon.
Rio de Janeiro room rates jumped for Lady Gaga
A Lady Gaga concert helped Rio de Janeiro’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to an all-time high for May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Fairmont Rio de Janeiro Receives Raízen Power Certification for Decarbonization
Fairmont Rio de Janeiro reinforces its global commitment to sustainability and announces the receipt of the Raízen Power certification for carbon emissions reduction. The renewable energy company uses a calculation methodology developed by the GHG Protocol, the leading national and international program for quantifying greenhouse gas (GHG) emissions, validated by organizations such as the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).
Carnival Pushed Rio de Janeiro RevPAR to Record-High
Boosted by the annual Carnival, Rio de Janeiro’s hotel industry posted its highest monthly revenue per available room (RevPAR) on record, according to March preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Exquisitely Experiential Meetings and Events at the Fairmont Rio de Janeiro Copacabana
Meetings and events are in the midst of a renaissance heading into 2025, with numerous contributing factors as to why. Top of the list for the corporate and group segments is the need to bring people together in a world that has embraced hybrid or fully remote working arrangements.
By Larry Mogelonsky and Adam Mogelonsky
Rio de Janeiro room rates jumped for G20
The 2024 G20 Summit pushed Rio de Janeiro’s hotel industry to its highest average monthly daily rate (ADR) and revenue per available room (RevPAR) since August 2016, according to November preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Patricia Costa has been appointed as Sales & Marketing Director Cluster Luxe Rio de Janeiro - Brazil at Fairmont Rio de Janeiro Copacabana
With an extensive background in luxury hospitality, both in Brazil and internationally, Patricia Costa returns to the Accor Group as the newly appointed Sales and Marketing Director for the Luxe RJ Cluster.
Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio
Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Yoo2 Rio de Janeiro, Tapestry Collection by Hilton opens as the Tapestry brand’s first hotel in Rio de Janeiro
Today Hilton (NYSE: HLT) announced the debut of Yoo2 Rio de Janeiro, Tapestry Collection by Hilton marking the company's 20th hotel in the country and Tapestry's first property in Rio de Janeiro. Owned and managed by ICH/Intercity Hotéis, the 135-room hotel is located in the trendy Botafogo neighborhood and features spectacular views of Sugar Loaf Mountain and Christ the Redeemer. This property builds on Hilton's rapid expansion in the market where it plans to introduce two new brands in the upcoming years.
Rio de Janeiro room rates peaked during Carnival
Helped by Carnival, Rio de Janeiro’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) since 2016, according to February preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
South America hotel profitability still slumping
Key hotel markets in South America are still struggling to regain profitability due to inflation, pandemic-driven gaps in travel, and lessened impact from events, according to STR‘s February 2022 P&L data release.
Ulisses Marreiros has been appointed as General Manager at Copacabana Palace, A Belmond Hotel
Ulisses Marreiros began his role as General Manager of Copacabana Palace January 2021, following his time as General Manager of La Residencia, A Belmond Hotel, Mallorca since 2013. Marreiros brings over 20 years of international hospitality experience to his new role, having previously worked at a number of high-profile hotels and resorts in the Maldives and Portugal before taking up his role as General Manager at Reid's Palace in Madeira, a hotel that has been welcoming guests for more than 125 years, in 2010. A Portuguese national, Marreiros is multilingual and speaks Spanish, Italian and German. Marreiros held a degree in hotel management from University of Algarve and also completed numerous leadership and management courses from renowned institutions such as Harvard Business School, Cornell University and Bocconi University in Milan. He is passionate about gastronomy and enjoys running as well as other active sports.
On Copacabana Beach
Nestled in the fresh, lively atmosphere of Brazil, this new address already offers its guests a real carioca connection. There's no shortage of things to do on Copacabana Beach, such as playing football, beach volleyball, quenching your thirst with an ice-cold coco gelado, or building a sand sculpture.
Largo do Boticário” welcomes the first JO&JOE Open House in South America
At the foot of the Corcovado mountain and the Cristo Redentor, the architectural complex of "Largo do Botícario", in the neighborhood of Cosme Velho, Rio de Janeiro, will become the coolest lifestyle spot in town, under the JO&JOE brand. This property will be the first JO&JOE to open outside of Europe and in the AMLAT region (opening 2020).
STR: Hotel performance amped up during Rock in Rio 2017
Data from STR shows that hotels in Rio de Janeiro, Brazil, recorded substantial performance levels during the September Rock in Rio music festival.During the seven days of the festival (15-17 and 21-24 September), occupancy in the Barra da Tijuca area of Rio, at an actual level of 81.4%, was 69.1% higher compared with the rest of September, while average daily rate (ADR) was 64.8% more at BRL555.77. Performance uplifts were common outside of Barra da Tijuca as well. Excluding Barra da Tijuca, Rio's revenue per available room (RevPAR) was 74.7% higher compared with the rest of the month, with occupancy 54.8% higher and ADR 12.8% higher.
AccorHotels Announces South America's First Fairmont Hotel
AccorHotels, a leader in travel, lifestyle and digital innovations, announces the transformation of Sofitel Copacabana into the first hotel with the Fairmont flag in South America. The renovation begins this month and is expected to finish in 14 months.
Hilton Opens 100th Hotel In Latin America
Hilton (NYSE: HLT) today announced the opening of Hilton Rio de Janeiro Copacabana, marking a significant milestone as the company's 100th hotel in Latin America. The 545-room beachfront Hilton Rio de Janeiro Copacabana is one of the largest hotels in the famous Copacabana neighborhood, one of Brazil's most visited destinations, and represents Hilton's second property in the city.
Hilton Opens 100th Hotel In Latin America
Hilton (NYSE: HLT) today announced the opening of Hilton Rio de Janeiro Copacabana, marking a significant milestone as the company's 100th hotel in Latin America. The 545-room beachfront Hilton Rio de Janeiro Copacabana is one of the largest hotels in the famous Copacabana neighborhood, one of Brazil's most visited destinations, and represents Hilton's second property in the city.