1. Rio de Janiero
The site of the summer 2016 Olympics, Rio de Janeiro is the hottest destination this summer. Tourists can visit the city’s famous beaches or take the cable car up Mt. Corcovado to see the huge Christ the Redeemer statue. Not surprisingly, airfare and hotel rates are peaking in August, with median airfare at $1,000 and hotel rooms going for $250 a night.
