Eastbay. I must say that the rates are not all as bad as the Sheraton. I used that very useful link above posted by drtravels, and they emailed me back with a vast range of hotels, descriptions, and prices for the NYE period. Darn handy link, and thanks for that drtravels. Think I'll still go for NYE in Rio, but just not at the Sheraton.
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Glen ~