As the affordable lodging industry has expanded in Rio, owners have worked tirelessly to make their establishments as charming and unique as possible. They tend to create an exciting ambience, enhanced by the communality of shared bars, living rooms and kitchens.

There are also a significant number of luxury accommodations available in the city. Some of the plushest hotels can be found in the fashionable districts of Copacabana, Ipanema and Leblon, providing guests with gourmet cuisine, swimming pools, bars, saunas and massage services.

The landmark Copacabana Palace is at the top of South America's list of 5-star hotels, and it is definitely a must-see in Rio de Janeiro. It opened its doors to tourists from all over the world in 1923, and since then it has lodged some of the wealthiest and most famous visitors in the Carioca capital, such as Marilyn Monroe, Lady Diana and Luciano Pavarotti, to name a few.