Hotel industry in Rio de Janeiro estimates losses of $24.6mn

The losses to the hotel sector in the month of April in Rio de Janeiro state, due to the pandemic of the COVID-19 and isolation measures, has been estimated at R$130 million ($24.6 million), according to sector representatives. But despite the grim news expected for April and May, officials say that a recovery should begin to be seen by June, and getting stronger during the second half of the year.

Source: The Rio Times