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By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - After positive results from the New Year's Eve holiday in Rio, there is optimism in the hotel industry for Carnival this year, with Brazilian Association of the Hotel Industry of the State of Rio (ABIH-RJ) predicting 85 percent occupancy.

According to the ABIH-RJ, the sector achieved an average occupancy of 98 percent on New Year's Eve. The city also had 89 percent of . . .

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