The Rio de Janeiro Carnival lifted the host hotel market to record-high monthly average daily rate (ADR) and revenue per available room (RevPAR), according to February preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
February 2026 (year-over-year % change):
- Occupancy: 80.1% (-0.9%)
- ADR: BRL 1,312.23 (+49.4%)
- RevPAR: BRL 1,050.78 (+48.0%)
Amid Carnival (13-21 February), the market’s performance peaked on Sunday, 15 February: occupancy (93.7%), ADR (BRL 2,657.38) and RevPAR (BRL 2,491.14).
Both ADR and RevPAR surpassed the BRL 1,000 mark each day of Carnival, with ADR climbing above BRL 2,000 on five consecutive nights (13-17 February). RevPAR surpassed BRL 2,000 each night between 14-16 February.
Rio’s occupancy came in above 70% on all but two nights in February.
