Rio de Janeiro hotels posted best August in 10 years

ARLINGTON, Va. – 15 September 2026 – Rio de Janeiro’s hotel industry posted its highest August revenue per available room (RevPAR) since the 2016 Olympics, according to preliminary data from CoStar, a leading provider of online real estate marketplaces, information and analytics in the property markets. 

August 2026 (year-over-year % change):

• Occupancy: 72.7% (-0.1%)
• Average daily rate (ADR): BRL841.91 (+16.4%)
• Revenue per available room (RevPAR): BRL612.29 (+16.3%)

Rio de Janeiro’s occupancy (88.2%) climbed to a monthly high on Wednesday, 19 August thanks to the CONMEBOL Libertadores match between Flamengo and Cruzeiro at Maracanã Stadium. Demand that night pushed the market’s ADR and RevPAR to BRL825.44 and BRL728.40, respectively.

A few days earlier on Saturday, 15 August, Festival Medio y Medio lifted Rio to its highest ADR and RevPAR of the month at BRL952.24 and BRL756.51, respectively. That night, occupancy came in at 79.8%.

For more information about the company and its products and services, please visit www.costargroup.com.

Additional Performance Data
CoStar’s world-leading hotel performance sample comprises 95,000 properties and 12.2 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Karolina Capova
Senior Media Relations Specialist
kcapova@costar.com

About CoStar Group 
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.