RIO DE JANEIRO – When Carlos Eduardo Muzy first rented his beachside Rio de Janeiro apartment on Airbnb in 2019, he just wanted some extra cash. What he got was a career managing some 100 properties – and a front-row seat to how the tech platform is transforming one of South America’s most famous tourist destinations.
In Rio’s Ipanema neighborhood, there is now one Airbnb listing for every seven homes, a Reuters analysis of Airbnb data collected by analytics firm AirDNA showed.
Since 2019, the oceanfront neighborhood made famous by the bossa nova classic “Girl from Ipanema” has seen a 24% rise in listings, in line with neighboring tourist hot spot Copacabana.
The surge has changed Rio’s rental landscape, sparking tensions in condo…