The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

Room prices in Rio rocket as landlords dig for Olympic gold

Published Thu, Jun 16, 2016 · 09:50 PM
Share this article.

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 we…

KEYWORDS IN THIS ARTICLE

Airbnb

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here