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Rio hotels are the world’s most expensive

14 May 2012

Rio de Janeiro has overtaken Sydney as the world’s most expensive major city for a hotel stay.

The average cost of a night in the Brazilian city during the first three months of 2012 was £192.88, nearly 50 per cent more expensive than during the same period last year.

The research attributes the sharp rise to Brazil’s strong economy and improved infrastructure ahead of the 2014 FIFA World Cup and the 2016 Olympic Games. It added that this year’s Rio Carnival also attracted a record number of visitors.

source: Telegraph.co.uk

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