Hotels in Rio Keep Closing Due to Economic Crisis and Security Concerns

Occupation rates plummeted since the end of the 2016 Olympics and at least thirteen hotels have closed since the mega sports event.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Once booming and full of high expectations, Rio de Janeiro’s hotel industry is now facing a crisis, as occupation rates plummet and thirteen hotels have closed since the end of the 2016 Olympics.

The city’s economic crisis, the lack of marketing campaigns, as well as reports of increasing violence have hindered the city’s tourism industry.

According to Brazilian Hotel Industry Association (ABIH-RJ) Rio de Janeiro chapter president, Alfredo Lopes, says that the lack of investments, more than the violence, is the main culprit for the

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