Rio Expects One Billion Reais In Revenue From Carnival Holiday

Rio Expects One Billion Reais In Revenue From Carnival Holiday

RIO DE JANEIRO, Feb 18 (NNN-PRENSA LATINA) – Rio de Janeiro will receive one billion reais (232 million U.S. dollars) in revenue, from the upcoming Carnival holiday, the Rio Trade Federation (Fecomercio-RJ) estimated, on Monday.

According to Fecomercio-RJ, Rio is consolidated as a cultural and entertainment destination for the Carnival period, with the local tourism agency, Riotur estimating seven million people to attend Carnival festivities all over the city.

Average spending of those in Rio is estimated at 200 reais (46 U.S. dollars) per person, over the five days of the long holiday, mostly on food and beverage, trips to nearby towns, transportation and costumes.

A total of 82.9 percent of Rio residents interviewed by a Fecomercio survey said, they will remain in town for the Carnival.– NNN-PRENSA LATINA

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