HostelBookers reports recent surge in Rio de Janeiro accommodation prices

HostelBookers reports recent surge in Rio de Janeiro accommodation prices (14 Jan 2010)
http://www.travelbite.co.uk/travel-partners/articles/hostelbookers-reports-recent-surge-in-rio-de-janeiro-accommodation-prices-$1353321$1284634.htm

February accommodation prices in Rio de Janeiro have risen to more than 10 times their standard value according to a recent study conducted by leading travel company HostelBookers.

The hostel and budget accommodation specialists’ study found that the hostels who still have availability will be charging 367% more on average for dorms and beds.

This has been fuelled by travelers’ high demand for accommodation at the upcoming Carnival and Rio’s status as a premium travel destination.