As preparations for the upcoming summer Olympic Games in Rio de Janeiro, Brazil, enter the home stretch, questions are being raised about the city’s readiness to host the event. The developers behind Rio’s first Trump-branded hotel are racing to open the property in July, only weeks before the games begin, but Olympic organizers are concerned it won’t be ready on time, according to a report from Bloomberg. A backup hotel has been arranged for several international sports federations who are booked to stay at the property. But the Trump hotel is closer to the finish line than two Holiday Inns, which have delayed their opening until after the games in 2017. While Rio is largely on track to finish competition venues and associated infrastructure in time for the games, which kick off Aug. 5, there are still a lot of details that need to be addressed swiftly to ensure operational readiness. Because Rio will not hit its promised target for hotel expansions, the city will be relying on partners like Airbnb to fill in the gaps. About 90 percent of hotel rooms at three-, four- and five-star hotels have been booked by delegations, the article states. Read more here.
