STR: New supply weakens Rio hotel occupancy levels during Carnival 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.
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Blackstone Announces Acquisition Of The Windsor Atlantica Hotel In Rio De Janeiro
Blackstone today announced that funds managed by its real estate business have agreed to acquire the Windsor Atlantica Hotel on Copacabana Beach in Rio de Janeiro, Brazil. As part of the transaction, Blackstone has signed a management agreement with Hilton for this asset and following a period of transition plans to convert the hotel to the "Hilton Rio de Janeiro Copacabana".
STR: Rio hotels see larger Olympics boost than London and Beijing
Rio de Janeiro's hotel industry saw a substantially larger impact as host of the 2016 Summer Olympics than London in 2012 and Beijing in 2008, according to data from STR.During the month of August, Rio de Janeiro hotels posted a 199.2% surge in average daily rate (ADR) to BRL1,250.26. That rate spike, coupled with a 26.6% increase in occupancy to 76.0%, led to a 278.6% increase in revenue per available room (RevPAR) to BRL949.84.Beijing experienced a 184.2% RevPAR increase in 2008, which was mainly due to a 250.1% boost in ADR as occupancy actually declined 18.8%. In London, RevPAR increased 44.4% due solely to an increase in ADR, as the market's occupancy was nearly flat during the 2012 Olympics.Prior to the 2016 games, Rio de Janeiro hotels struggled to maintain occupancy levels, affected by considerable supply growth, fear over the Zika virus and ongoing political issues. The market's 47.0% absolute occupancy level during the second quarter of 2016 was the lowest Q2 occupancy level for the market since 2002.The year-over-year performance increases for Rio de Janeiro during the Olympics also came off of a low comparison base in 2015."The real challenge for Rio lies ahead now that there are 23% more rooms in the market than a year ago," said Patricia Boo, STR's area director for Central and South America "This is a much different and less stable market than London and Beijing. While the Olympics performance lift for Rio was higher, the post- Olympics challenges will also be greater. The year after the 2012 Olympics, London experienced a 6% increase in demand, likely in part due to the attention the city received during the Olympics. Rio will need that and more to counteract the spike in supply."
The first Yoo2 Hotel prepares to open in Rio de Janeiro, Brazil
The Yoo2 Rio de Janeiro by Intercity will open in July 2016. This is the first hotel in a new brand for YOO Hotels and Resorts. Yoo2 Hotels bring original design and local soul to each destination, creating a sociable environment for both hotel guests and the local community. The Yoo2 Rio de Janeiro is a partnership between YOO Hotels and Resorts and Intercity Hotels. YOO brings over 15 years of international experience in design, branding and marketing, which is complimented by the local expertise of Intercity Hotels within the Brazil market. Intercity Hotels will manage all properties in Brazil and there are plans to grow the brand throughout Brazil and globally.
STR: Outlining Rio’s pre-Olympic hotel supply growth
Rio de Janeiro, Brazil, has gained 38 hotels and more than 9,500 hotel rooms since being named host of the 2016 Summer Olympics, according to STR.Preliminary figures for July 2016 showed 28,314 rooms in 171 hotels in Rio de Janeiro. When Rio was awarded the games in October 2009, the market comprised 18,760 rooms in 133 properties.In addition to preparations for the Summer Olympics, Rio's hotel supply has grown substantially as a result of the 2014 FIFA World Cup. From June 2013 to June 2014, the year leading up to the World Cup, Rio's hotel room supply increased 5.9% to 21,383 rooms. Since that point, Rio's supply growth has ramped up 32.4%.In the first half of 2016, Rio hotels reported a 9.7% decline in occupancy compared with the first half of 2015. In addition, the market's 47.0% absolute occupancy level during the second quarter of 2016 was the lowest Q2 occupancy level in the market since 2002.Although fear over the Zika virus and ongoing political issues in Brazil have likely affected the market, STR analysts believe that substantial supply growth has significantly altered the city's hotel landscape. Brazilian officials have estimated that 350,000 to 500,000 tourists will visit Rio for the Olympics. STR analysts expect Rio hotels to see a significant boost in performance during the next several weeks.STR will report on Rio's hotel performance during the Olympics as data becomes available.
On the eve of the Olympics, AC Hotels by Marriott celebrates two openings in Rio | hospitality-on.com
Marriott International announced the opening of the two addresses, further strenghtening the group's presence in Latin America on the eve of the Summer Olympics hosted by the Brazilian city. Marriott International strengthens its presence in the host city of the upcoming Summer Olympics, with two additional openings under the AC Hotels brand. Overlooking the beach in the eponymous neighborhood, the 378-room AC Hotel Rio de Janeiro Barra da Tijuca also offers an outdoor pool. Similarly boasting a panoramic pool as well as a fitness center but operating in the city's northeast, the AC Hotel Rio de Janeiro Porto Maravilha offers a 225-room capacity.
AC Hotels by Marriott Brings European Flair to Rio de Janeiro
The highly-anticipated 225-room AC Hotel Rio de Janeiro Porto Maravilha and the 378-room AC Hotel Rio de Janeiro Barra da Tijuca, have opened their doors, inviting guests to experience Brazil's newest class of lifestyle hotels. AC Hotels by Marriott celebrates the beauty of classic modern design with its European soul and Spanish roots, borne from the signature vision of renowned hotelier Antonio Catalan, who founded the brand in 1998.Marriott International formed a joint-venture with the successful brand in 2011 and has since launched AC Hotels by Marriott globally in France, Denmark, the United States, Mexico and now Brazil.
Infographic: Brazil Hotel Industry Snapshot
eRevMax, the leading travel technology provider to the hospitality industry has released an infographic shedding key insights of the hotel industry in Brazil. The Infographic titled Brazil Hotel Industry Snapshot highlights that nearly half- million foreign tourists are expected to visit Brazil during Rio 2016 Olympics and the country is set to welcome a total of 7 million international tourists by the end of this year.
Is Your Hotel Advertising During Rio 2016?
With the television landscape becoming increasingly fragmented by cable, satellite, social media and internet streaming options, reaching many people at once via traditional, 20th century media placement methods comes with its fair dose of anxiety. One interesting effect of this channel nichification is that large-scale events and compressions are now all the more precious.
By Larry Mogelonsky, Partner, Hotel Mogel Consulting Limited
MGallery by Sofitel and MamaShelter settle into sunny Rio de Janeiro
AccorHotels is adding two flagships to its portfolio. Besides cementing its unchallenged leadership, the Group is tapping into two new opportunities in the Luxury and Upscale segments by opening the Hotel Santa Teresa Rio de Janeiro MGallery by Sofitel and MamaShelter Rio de Janeiro… Bem-vindos à cidade maravilhosa!
Grand Hyatt Rio de Janeiro debuts and sets new standard of luxury
Hyatt Hotels Corporation (NYSE: H) announced today the opening of Grand Hyatt Rio de Janeiro in Brazil. Grand Hyatt Rio de Janeiro combines the brand's effortless luxury experience with a Brazilian design and hospitality in an urban resort setting. Guests can enjoy its prime beachfront location in the exclusive Barra da Tijuca neighborhood and access to world-class shopping, dining, cultural and outdoor activities.
Yvan Didelot has been appointed as Executive Chef at Grand Hyatt Rio de Janeiro
Previously serving as the Executive Chef of Grand Hyatt Santiago, Yvan Didelot has been appointed Executive Chef at Grand Hyatt Rio de Janeiro to lead the team of chefs for all the food and beverage services and outlets. His role will include overseeing the execution across three signature restaurants, banquet culinary operations and in-room dining. France-native and world-renowned chef Didelot began his culinary career in 1987, at the Michelin-star restaurant Le Chapon Fin and continued developing his culinary skills at recognized European restaurants and signature hotels in France, Lebanon, Monaco and Switzerland. Didelot’s international career includes Mexico, Dubai, Mauritius and notably in Brazil at Hilton São Paulo Morumbi.
Christophe Lorvo has been appointed as Area Vice President and General Manager at Grand Hyatt Rio de Janeiro
Christophe Lorvo comes to Rio de Janeiro with a distinguished 23-year career with Hyatt. In his role, Lorvo will help facilitate the company’s strategic brand growth in the region, leading the development and operations of Grand Hyatt Rio de Janeiro as General Manager, as well as overseeing operations across South America, including hotels in Brazil, Argentina, Chile and Uruguay. Lorvo has held positions at Hyatt Regency Guam and the former Hyatt Carlton Tower in London, and opened Hyatt Regency Paris Charles de Gaulle, as well as Palacio Duhau – Park Hyatt Buenos Aires. Lorvo has served as General Manager at Hyatt Paris Madeleine, Palacio Duhau – Park Hyatt Buenos Aires, and most recently, Grand Hyatt Tokyo.
Silvio Araujo has been appointed as Area Director of Marketing and Sales Brazil at Grand Hyatt Rio de Janeiro and Grand Hyatt São Paulo
As Area Director of Sales and Marketing for Brazil, Silvio Araujo, formerly the Director of Sales and Marketing at São Paulo, has expanded his role to oversee Grand Hyatt Rio de Janeiro as well. He has been an ambassador for the Grand Hyatt brand since he joined Grand Hyatt São Paulo over 10 years ago. In this role, Araujo is responsible for sales strategy, marketing, public relations and managing the hotel’s luxury brand positioning with local, national and international markets. Araujo is fluent in English, Portuguese and Spanish.
Mariana Nunes has been appointed as Director of Guest Experience at Grand Hyatt Rio de Janeiro
Mariana Nunes joins Grand Hyatt Rio de Janeiro as Director of Guest Experience. She is responsible for leading the rooms, spa, engineering, security and food & beverage operations of the hotel with a focus on the guest experience, in establishing the positioning of Grand Hyatt Rio de Janeiro in the market, as well as supporting Hyatt’s goal of driving preference for customers and associates. A native of Rio de Janeiro, Nunes began her career with Hyatt as a rooms intern at Hyatt Regency Cincinnati in 2000 and evolved her luxury experience with Park Hyatt and Grand Hyatt hotels, working in Chicago, Santiago, Tokyo and Dubai.
appointment
Cruz Del Rio will report to Paulo Pena, Wyndham Hotel Group’s president and managing director for the region, and will be based in the company’s Parsippany, New Jersey, headquarters.
Sheraton Returns to Barra da Tijuca in Brazil with the Opening of Sheraton Barra Rio de Janeiro Hotel
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced its global powerhouse Sheraton® brand has returned to Barra da Tijuca, Rio de Janeiro's exclusive modern enclave, featuring some of the city's best beaches and future home of the 2016 Rio Olympics. With the opening of Sheraton Barra Rio de Janeiro Hotel today, Starwood now has two distinct Sheraton hotels covering the city's key locations, catering to both business and leisure travelers. The hotel will operate under a management agreement with Condominio do Edificio Sheraton Barra.
Hilton Hotels & Resorts Makes Rio Debut in Rio de Janeiro, Brazil
Hilton Worldwide today announced the opening of the new 298-room Hilton Barra hotel in Rio de Janeiro, Brazil – the company's first hotel in this booming metropolis. With a privileged location on Avenida Abelardo Bueno in the heart of the Barra da Tijuca neighborhood, this newest hotel in Rio de Janeiro is set to be the first choice of fans visiting the city for the 2016 Summer Olympic Games. To commemorate its opening, Hilton Barra Rio de Janeiro welcomes guests with special introductory rates starting at US$159* per night and rewards Hilton HHonors members with 1,000 HHonors Points per night.
VingCard Elsafe Brings Home the Trophy in Hotel Security During Football World Cup 2014 in Brazil
With the finals now concluded and the 2014 World Cup a part of global history, host nation Brazil is nonetheless set to continue reaping the benefits of an improved infrastructure among the country's hotels and resorts, thanks to efforts such as those by VingCard Elsafe, the global leader in hospitality security solutions and part of the ASSA ABLOY Group. Since the start of preparations for the World Cup, VingCard Elsafe actions were significant in ensuring that many properties throughout Brazil were up to the task of providing enhanced security for the influx of visitors and global footballing talent.
2014 World Cup Kick-off: HVS Brazil Market Pulse
With the world's biggest sports event commencing in Brazil, HVS São Paulo analyzes the impact of the games on the region's hotel market. Despite the turbulent preparations, the event has had a positive start, and hotels in majority of the host cities should have good reasons to celebrate.