It’s simple supply and demand. You don’t need to be an economist to understand that concept. And when it comes to hotel rooms in Brazil, tourists may soon find themselves on the right side of the equation. With the country playing host to the 2014 FIFA World Cup (that’s soccer, folks) and Rio de Janeiro welcoming the Parade of Nations in 2016 for the Summer Olympics, 259 new hotels and 43,827 rooms will be available to visitors in the next two years. While occupancy rates will be high during the two major, international events on the horizon, that’s a lot of rooms to fill after the crowds have left (and before they arrive, for that matter). That glut of accommodations stands to create fare sales that surely will benefit those looking to visit South America in the coming years. Read more
It’s simple supply and demand. You don’t need to be an economist to understand that concept. And when it comes to hotel rooms in Brazil, tourists may soon find themselves on the right side of the equation. With the country playing host to the 2014 FIFA World Cup (that’s soccer, folks) and Rio de Janeiro welcoming the Parade of Nations in 2016 for the Summer Olympics, 259 new hotels and 43,827 rooms will be available to visitors in the next two years. While occupancy rates will be high during the two major, international events on the horizon, that’s a lot of rooms to fill after the crowds have left (and before they arrive, for that matter). That glut of accommodations stands to create fare sales that surely will benefit those looking to visit South America in the coming years. Read more