Uruguay Hotel Reservations Have Tripled Over The Past Decade

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

The number of tourists coming to Uruguay has doubled over the past decade, while the number of Uruguay hotel reservations has tripled, according to new information from the Ministry of Tourism and Sports. Between January and September, Tourists Spent US$570 Million In Uruguay Hotels, is the headline of Luis Custodio’s detailed analysis of the rapid evolution of Uruguay’s hotel sector over …

Uruguay New Hotel Construction Wave Moves Beyond The Coast

Patrick Archer foreign investment, hotels & casinos, real estate, tourism, uruguay

The recent wave of Uruguay luxury hotel construction and renovation continues rising and spreading from Montevideo and Punta del Este into the country’s previously underserved interior. The current boom was set into motion with the approval of pro-tourism legislation in 2007 when the only luxury hotels could be found in coastal areas like Montevideo, Maldonado and Colonia. Today, Uruguay has …

BQB Airlines New Miami Flights And Airbus 319s

Patrick Archer competitiveness, franchises, lifestyle, tourism, uruguay

Three short years after launching, BQB (Buquebus) Lineas Aereas is planning to take a giant step forward in becoming more than a short-haul regional carrier with new aircraft and round-trip service to Miami. According to El Observador, the Punta del Este-based airline owned by Juan Carlos Lopez Mena will acquire three brand new Airbus 319’s sometime between March and May of …

Uruguay Is The Most Transparent Country In Latin America

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, lifestyle, real estate, uruguay

More positive reinforcement today for foreign investors considering Uruguay as a destination for portfolio diversification and wealth preservation. Uruguay is Viewed As the Most Transparent Country in Latin America is the headline in today’s El Observador summarizing the 2013 Corruption Perceptions Index from Berlin-based Transparency International. On a scale from 0 (totally corrupt) to 100 (very transparent), Uruguay is the …

Buenos Aires Street Parking Rates Will Rise 300% Next Year

Patrick Archer ba government, buenos aires events, real estate

The cost of  parking on the street in several Capital Federal neighborhoods will surge over 300% next year when proposed legislation from the Government of the City of Buenos Aires wins approval. The new measure, which was debated last week in the legislature’s Transit and Transportation Committee, will extend the new progressive metered street parking system currently in force in Microcentro to …