New Casino Comes To Uruguay/Brazil Border In Rivera

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

Anytime we raise the issue of Uruguay casinos, it usually has something to do with the glitz and glamour of Punta del Este. Sure, coastal casinos like the Conrad are high-profile moneymakers, but what about the rest of Uruguay? Not unlike the trend we are seeing with real estate developers and franchise owners in Argentina, the smart money in Uruguay …

More KFC, Wendy’s & Pizza Huts Coming to Argentina

Patrick Archer foreign investment, franchises, us companies

Desarrollos Gastronomicos S.A. (Degasa), the private investment company that controls D&G, the operator of the popular Havanna Cafe franchise, announced a hat trick of fast food outlet expansion in 2012. After opening their first Wendy’s in Argentina on Libertador Avenue in Martinez, the holding company will begin to look beyond Argentina’s borders. One of Degasa’s first orders of business will be expanding …

Buenos Aires Real Estate Sales Regain Momentum

Patrick Archer aruba, average prices, buenos aires events, foreign investment, real estate

The Notary College just released the May real estate sales data for Buenos Aires, and the numbers are a reversal of the cooling trend witnessed in March and April. While sales in those two months eased 0.7% and 1.3%, respectively, sales rose a respectful 6.8% in May compared to the same month in 2010. La Nacion’s Alfredo Sainz says the …

Buenos Aires Office Space A Bargain for Brazilian Companies

Patrick Archer aruba, buenos aires events, competitiveness, foreign investment, real estate

The affordability that makes Buenos Aires so attractive for Brazilian tourists is also luring more Brazilian companies here to establish national and regional offices. A new report from Colliers International Brasil examines the average cost per square meter of office space in several Brazilian cities compared to Buenos Aires and other major metros worldwide. The Newspaper of Sao Paulo headline …

Hilton Garden Inn Coming to Santa Fe, Argentina

Patrick Archer foreign investment, hotels & casinos, tourism, us companies

The positive tourism-related news for Santa Fe just keeps flowing. First The House of Beer opens, then Messi, the Seleccion and Copa America come to town, and now it appears Hilton will make a serious investment in the Santa Fe Port by opening Argentina’s first Hilton Garden Inn. The announcement was made yesterday by Santa Fe Port Authority Director Marcelo Vorobiof. …