IBOV 206,220.24 ▲ 0.94% IPSA 11,024.22 ▲ 0.22% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 — 0.00% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL5.00▼ 0.57% USD/MXN18.24▲ 0.25% USD/CLP976.85▼ 0.21% USD/COP3,223▼ 0.72% USD/PEN3.43▼ 0.37% USD/ARS1,516▼ 0.03% USD/UYU40.15▲ 3.33% USD/PYG5,722▲ 1.33% USD/BOB11.77▲ 1.12% USD/DOP61.06▲ 1.43% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.38% USD/HNL26.86▲ 3.27% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.02% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.40% EUR/BRL5.60▼ 0.36% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,220.24 ▲ 0.94% IPSA 11,024.22 ▲ 0.22% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 — 0.00% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Friday, October 9, 2026

Latest News Daily City Brief — Wednesday, February 18, 2026

São Paulo Is the World’s Best Nightlife City Now

· February 18, 2026 · 07:00 BRT · 2 min read
Key Points
— Resonance Consultancy’s World’s Best Cities 2026 report ranked São Paulo #1 globally for nightlife — as clubs and bars in New York, Berlin, London, and Sydney continue to close
— The boom is centered on São Paulo’s long-neglected historic downtown, where abandoned bank vaults, underground galleries closed for 50 years, and century-old rooftops are being transformed into bars and clubs
— Tourism in São Paulo state generated R$340 billion ($57 billion) in 2025, with the city receiving over 2.2 million international visitors — and the Martinelli Building, Brazil’s first skyscraper, is undergoing a R$100 million ($17M) renovation to expand its entertainment spaces

There is a cocktail bar in downtown São Paulo built inside the vault of a defunct state bank. A listening bar in a reclaimed underground gallery, shuttered for nearly half a century, where DJs spin vinyl for a thousand people on weekends while security guards escort visitors from their Ubers.

A rooftop club on the 26th floor of a 1929 skyscraper that was once the tallest in Latin America. While nightlife shrinks in New York, Berlin, London, and Sydney — casualties of rising rents, pandemic attrition, and regulation — São Paulo is doing the opposite.

São Paulo Is the World's Best Nightlife City Now
São Paulo Is the World’s Best Nightlife City Now
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Resonance Consultancy’s World’s Best Cities 2026 report, backed by an Ipsos survey of 21,000 respondents across 31 countries, ranked the city number one in the world for nightlife. São Paulo climbed to 18th overall — highest in Latin America — driven by what the report described as a famously late scene across Vila Madalena and Baixo Augusta, busy seven nights a week.

Abandoned spaces, new economies

The transformation is concentrated in the historic center, where private investment and public renovation have reshaped blocks once synonymous with urban decay. Bar do Cofre occupies a former state bank vault. Bar dos Arcos operates beneath the Theatro Municipal. Formosa Hi-Fi took over a gallery abandoned since the 1970s.

The Martinelli Building — Brazil’s first skyscraper, built by Italian immigrant Giuseppe Martinelli a century ago — houses a 360-degree bar on its upper floors and is undergoing a R$100 million ($17 million) renovation to expand entertainment spaces, aiming to attract one million visitors per year.

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The economics are real. São Paulo state’s tourism sector generated an estimated R$340 billion ($57 billion) in 2025, nearly 10% of the state’s GDP. The city received over 2.2 million international visitors in the first ten months of the year, a 21.5% increase over 2024. This is part of The Rio Times’ daily coverage of Latin American culture and lifestyle.

Average rents downtown hit R$69.50 ($12) per square meter, reaching R$143.50 ($24) in the priciest neighborhoods — rising costs that would normally kill nightlife. Instead, operators keep adapting.

Related coverage: Brazil’s Morning Call | Argentina Posts Surplus Again as IMF Reviews the Books

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “US charges Maduro and wife with torture of Americans”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

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