Punta del Este Convention Center Bid Process Opens…Again

Patrick Archer competitiveness, foreign investment, hotels & casinos, tourism, uruguay

Perhaps the third time will be the charm for Punta del Este. Eighteen months after the first of two failed bid processes commenced seeking construction and management teams for a new Convention Center, a third bid process is underway. “Until the bid is awarded, until it begins and finishes and we hand the key to the management company and we …

Best Restaurants In Buenos Aires Dominate Regional Ranking

Patrick Archer agribusiness, arts & entertainment, buenos aires events, creative class, culture, entrepreneurs, global rankings, hotels & casinos, lifestyle, vanityba

Restaurant Magazine just released the annual ranking of Latin America’s 50 Best Restaurants 2013, and Argentina has more restaurants in the Top 50 than any other country in the region. A distinguished panel of 250 food writers and critics, chefs and restauranteurs voted for their favorite restaurants across four regions: Mexico and Central America, South America (North), South America (South) …

Conrad Punta del Este Gambles On Multi-Million Dollar Renovation

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

The best known casino in the Southern Cone is embarking on a US$20 million renovation in hopes of luring more high rollers from other corners of South America now that the economy is slowing, inflation is rising and the real is weakening in Brazil. Chile’s Enjoy acquired a 45% stake in the Conrad Resort & Casino Punta del Este late …

Hotel Casino Oceania Catches Second Wave As Luxury Condo

Patrick Archer hotels & casinos, real estate, uruguay

A new chapter of life and luxury awaits the Hotel Casino Oceania, another Montevideo landmark with panoramic views of the capital city, the World Trade Center and the winding Rambla below. The nautical-themed building with porthole windows overlooking the beaches of Punta Gorda and Malvin used to be the Hotel Casino Oceania, a popular waterfront destination for Montevideo visitors in …

New Law Gets Tough On Buenos Aires Short-Term Rentals

Patrick Archer ba government, buenos aires events, competitiveness, hotels & casinos, real estate, tourism

Buenos Aires hotels have been losing ground and guests to owners of short-term apartment rentals ever since the 2001 financial crisis, but new legislation approved this week seeks to clamp down on alquileres temporarios and dramatically stem the turista tide. The new law will require those who own and rent four or more Buenos Aires short-term rental properties to, among other things, add …