By Sarah de Sainte Croix, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – At a press conference on Monday, the municipal Secretaries for Tourism and Conservation – Antonio Pedro Figueira de Mello and Carlos Roberto Osorio, respectively – announced that this year’s Carnival generated estimated revenues of R$1.45 billion (approximately US$850 million) in the city of Rio de Janeiro.

According to their estimates, Rio welcomed 1.1 million visitors this year, 29 percent more than expected, and 32 percent of . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here