By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Authorities in Rio say that the estimated 857,000 tourists who came to Rio for New Year's Eve this year brought US$686 million (approximately R$2.7 billion) into the city's economy, and helped push the hotel occupancy rate of the top hotels to 98 percent. This beats the average for the period of ninety percent in Copacabana, Ipanema and Leblon.

The numbers well exceeded official goals for Ano Novo (Subscribe to our Premium Membership Plan. Already Subscribed? Login Here