The August print
CoStar put Rio de Janeiro's August 2026 occupancy at 72.7 percent, average daily rate at BRL841.91 and revenue per available room at BRL612.29, in a release dated 15 September 2026. The year-over-year moves read 0.1 percent down, 16.4 percent up and 16.3 percent up. The agency calls the RevPAR figure the market's highest for an August since the 2016 Olympics, and it marks the data preliminary.
Occupancy moved 0.1 percent down. Average daily rate moved 16.4 percent up. RevPAR moved 16.3 percent up. Rate carried the month on flat occupancy. Those percentages imply August 2025 levels of about BRL723 for average daily rate and about BRL526 for RevPAR.
The three published figures reconcile arithmetically. Occupancy multiplied by average daily rate gives BRL612.07 against the published BRL612.29, a gap of 0.22 at the published precision. That gap sits inside the rounding of a one-decimal occupancy figure.
Two event nights set the ceiling
Wednesday 19 August produced the month's occupancy high at 88.2 percent. Average daily rate that night reached BRL825.44 and RevPAR reached BRL728.40. CoStar attributes the night to the CONMEBOL Libertadores match between Flamengo and Cruzeiro at Maracana Stadium.
Saturday 15 August produced the month's highs for average daily rate and RevPAR, at BRL952.24 and BRL756.51, with occupancy at 79.8 percent. CoStar attributes the night to Festival Medio y Medio. The festival ran its third consecutive Rio edition at Circo Voador in Lapa from 13 to 15 August.
One arithmetic gap sits in the 15 August set. Published RevPAR divided by published average daily rate gives 79.4 percent against the stated 79.8 percent. The 19 August set reconciles, at 88.24 percent against the stated 88.2 percent.
How August compares with May
CoStar's May release for the same market, dated 11 June 2026, put occupancy at 67.0 percent, average daily rate at BRL878.60 and RevPAR at BRL588.56, each against May 2025, and called the month the market's highest May occupancy since 2013. August's average daily rate sits 4.2 percent below May's. August's RevPAR sits 4.0 percent above May's. Occupancy accounts for the split, at 72.7 percent against 67.0 percent.
The May release also carries the year's documented single-night ceiling. A free Shakira concert at Copacabana beach on Saturday 2 May lifted average daily rate to BRL1,505.89 and RevPAR to BRL1,086.97, the only May night above BRL1,000 in RevPAR, with occupancy at 72.2 percent. The second night of the Argus Rio Crude Conference, on Wednesday 20 May, lifted occupancy to 77.9 percent, with average daily rate at BRL779.08 and RevPAR at BRL606.83.
The sample the figures rest on
The September release puts CoStar's hotel performance sample at 95,000 properties and 12.2 million rooms worldwide. The May release put it at 94,000 properties and 12 million rooms. Neither release states how many Rio de Janeiro properties sit inside the panel, and the September release names no second measurement source.
The release carries no year-to-date series for the market, no room-supply count, no pipeline figure and no currency conversion. It carries no monthly series back to 2016, so the 2016 comparison is the agency's own reading of its own history.
The read for a rate calendar
Two event nights inside one month produced the occupancy high and the rate high on separate dates. The other nights carried the average. A market that lifts RevPAR 16.3 percent on flat occupancy is pricing rather than filling, and both ceilings came from the calendar.
The print gives a revenue manager two dated rate fences to price against and one monthly average to defend.