São Paulo hotel performance lifted by AI Summit Brazil
São Paulo recorded its highest-ever July ADR (BRL706.65) and RevPAR (BRL436.60), with the AI Summit Brazil driving peak occupancy of 83.9% on July 23.
Press Releases
Mexico leads North America in Travel & Tourism growth, spend and arrivals in 2025
WTTC's 2026 EIR data shows Mexico led North America in T&T GDP growth (1.8%), international arrivals (+6.1%), and visitor spending (+3.5%) in 2025, while the US and Canada both recorded spending declines.
Central & South America Travel & Tourism sector set to outpace global growth in 2026
WTTC's 2026 EIR forecasts Travel & Tourism GDP growth of 4.1% for Central and South America, ahead of the 3.2% global average, with international visitor spending up 7.8%.
São Paulo hotel performance jumped for Design Week
March 2026 occupancy rose 13% to 67.8% while ADR increased 7.4% to BRL871.48, with peak performance on March 11.
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.
Formula 1 drove São Paulo hotel performance to record-highs
ADR hit BRL 1,699.90 and RevPAR reached BRL 1,573.32 during race weekend, marking the highest levels ever recorded in São Paulo's hotel market.
Royal Grand Resorts Joins IGLTA, Welcoming LGBTQ+ Travelers
Royal Grand Resorts is an exclusive destination for gay men, located in the heart of Manuel Antonio, Costa Rica. This luxury retreat blends elegance with natural beauty, offering world-class service and a tranquil setting surrounded by rainforest and ocean views.
São Paulo posted record-high room rates during eventful September
A mix of events helped São Paulo’s hotel industry post its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to September preliminary data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
Costa Rica hotel performance update
Costa Rica hotel performance over the past five years has resembled other leisure destinations frequented by Americans. Specifically, higher-end hotels and resort areas have done well, while other areas have remained flat.
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.
WTTC Forecasts Brazil's Travel & Tourism Sector to Surpass US$167 Billion Contribution by 2025
During its participation in the Visit Brazil Summit, the World Travel & Tourism Council (WTTC) has unveiled a very positive outlook for Brazil’s Travel & Tourism sector this year, with a projected contribution of US$167.6 billion to the country’s GDP, representing 7.7% of the national economy.
Mexico Hotel Market 2024
In 2024, Mexico's tourism sector continued its robust post-pandemic recovery, contributing 8.6% to the national GDP and employing over 4.9 million people.
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.
Peru leads the way in embracing STAR to make tourism a pillar of rural development
The Latin American country has become the first in the world to adhere to a customised version of UN Tourism’s Self-Assessment Tool to Assist Rural Destinations (STAR). This step aligns with national efforts to strengthen rural tourism, including the initiative ‘Pueblos con Encanto’, which promotes the recognition and development of tourism in rural communities across the country.
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.
Cali hotel room rates reached an all-time high during COP16
The hotel industry in Cali, Colombia, posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record during the 16th UN Biodiversity Conference (COP16), according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
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.
São Paulo hotel room rates reached record high in August
São Paulo posted its highest monthly average daily rate (ADR) and second highest revenue per available room (RevPAR) on record, according to August preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
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.
São Paulo hotel ADR and RevPAR reached record highs in November
São Paulo’s hotel industry reported its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, helped by several notable events, according to preliminary November data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.