By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A just-released study of the Brazilian hotel industry shows that by year's end São Paulo hotels project to have one of the highest occupancy rates in Brazil at 61.75 percent, while Rio de Janeiro hotels are on pace to have the most expensive daily rates in Brazil at R$338.28.

The results were published in the 2017 Nogales Report released by the hotel consulting group, The Nogales Group. The report analyzed Subscribe to our Premium Membership Plan. Already Subscribed? Login Here