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Room prices in Rio rocket as landlords dig for Olympic gold
Published Thu, Jun 16, 2016 · 09:50 PM
Rio de Janeiro
WITH hotels mostly booked, landlords are charging a pretty penny for tourists still seeking accommodation in Rio de Janeiro for the Olympics in August - asking as much as US$2,305 per night for a three-bedroom apartment far from venues and beaches.
With 97.3 per cent of hotels full, according to price-comparison website Trivago, visitors are resorting to room rental websites such as Airbnb to find lodging.
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