Rio Loses R$657 Million in Tourism Over 8 Months Due to Violence

Restaurants, bars and hotels have registered significant revenue losses and some have been forced to close in the eight first months of the year.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The city of Rio de Janeiro has lost more than R$657 million of its tourism revenues during the eight first months of the year due to crime and violence, according to a new survey conducted by the National Confederation of Commerce of Goods, Services and Tourism (CNC).

The loss is equivalent to 29 percent of the total loss of the sector's revenues during the period (R$2,291 billion).

The segment of bars and restaurants suffered more than half of the loss (R$332.1 million), according to . . .

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