With tourism in crisis, 20 Rio de Janeiro hotels may become residential buildings

RIO DE JANEIRO, BRAZIL – Following the example of the iconic Hotel Glória, which will be converted into a luxury residence, other properties affected by the pandemic are following the same path.

With the slump in the number of guests during the pandemic, Rio’s hotel owners have begun to convert areas formerly occupied by tourists into housing or office spaces. Some examples are the Flamengo Palace, on Flamengo beach, and the traditional Hotel Payssandu, a listed building in the Flamengo neighborhood.

According to the Rio de Janeiro City Hotels Union (HotéisRIO), the city has 20 properties that may still undergo this change.

Last week, the city government authorized the traditional Hotel Glória, in the South Zone, to be converted into a residential and office building.

Founded in 1922 as the first 5-star hotel in Brazil, the Hotel Glória has been closed since 2013. Last year, the Opportunity group bought the building and renovations are underway to convert the rooms into high-end residential units, with the charm the old lodging.

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