Uruguay Estancia & Luxury Lodge On 80 Acres In Charming Carmelo

Patrick Archer agribusiness, creative class, hotels & casinos, lifestyle, real estate, tourism, uruguay

Tuscany meets Montecito in charming Carmelo. One of Uruguay’s oldest estancias has been lovingly restored over the past decade by a California couple who transformed the property into a destination luxury lodge attracting world travelers year-round. Built in 1830, the Casa Principal features sweeping arches, 2-foot thick adobe and brick walls, fine antiques, a large living room with custom-made fireplace …

Distrito Arcos: BA’s First Outdoor Premium Outlet Opens In Palermo

Patrick Archer arts & entertainment, buenos aires events, foreign investment, franchises, lifestyle, real estate, tourism, vanityba

It was announced three years ago and ready to open with retail stores fully stocked and decorated several months ago, but political opposition and legal obstacles put the grand opening on hold. Now Distrito Arcos, Buenos Aires’ first outdoor premium outlet mall, is finally open to the public following the grand opening ceremony on Thursday. An appeals court ruled in …

What Are The Most Expensive Hotel Markets In Argentina & Uruguay?

Patrick Archer average prices, competitiveness, franchises, global rankings, hotels & casinos, lifestyle, real estate, tourism, uruguay

Punta del Este and Villa La Angostura top the list of the most expensive hotel markets in Argentina and Uruguay, according to new data released from travel search engine Trivago. The analysis of average hotel prices in 33 major markets in Argentina, Brazil, Chile and Uruguay ranked Villa La Angostura second overall at US$138 per night and Punta del Este …

Montevideo Shopping’s Multi-Million Dollar Expansion For Forever 21

Patrick Archer foreign investment, franchises, lifestyle, real estate, uruguay, us companies

Montevideo Shopping, the first indoor shopping center in Uruguay, is undergoing a US$6 million expansion in order to welcome the Uruguay flagship store of Los Angeles-based retailer Forever 21. The new multi-level wing of the galleria will feature over 20,000 square feet of retail space in addition to a warehouse and logistics center to receive the low-priced merchandise popular with …

Montevideo’s Hotel Casino Carrasco Betting On New Business Plan

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

Eighteen months after its March 2013 grand opening, the Hotel Casino Carrasco is arguably the most high-profile luxury hotel in Montevideo. While hotel occupancy is solid (62% last quarter), hotel management is working on a new business plan to drive more business to the casino. Codere, the majority shareholder of the Sofitel Montevideo Casino Carrasco & Spa, is “betting on …