Punta del Este Bracing For Another Slow Summer Season

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

With only three months to go before summer, Punta del Este hotels, restaurants and real estate brokerages are bracing for the third consecutive season of fewer visitors and declining tourism revenue. Punta del Este Threatened By The Perfect Storm is the headline of Marcelo Gallardo’s analysis in today’s El Pais which predicts the 2014/15 summer season will be worse than …

New Buenos Aires Neighborhood A Magnet For Private Developers

Patrick Archer average prices, ba government, buenos aires events, creative class, foreign investment, lifestyle, real estate

A 13-block stretch of prime real estate in the City of Buenos Aires originally scheduled to sit in the shadow of an elevated highway is now a magnet for private developers in Capital Federal. Parque Donado Holmberg (PDH) is the name of the new neighborhood which is bordered by the more developed barrios of Belgrano, Saavedra, Coghlan and Villa Urquiza. iProfesional’s …

“Bigger & Business-Minded” Define New Wave Of Palermo Hotels

Patrick Archer buenos aires events, foreign investment, hotels & casinos, lifestyle, real estate, tourism

The latest wave of hotels being built in the popular Buenos Aires neighorhood of Palermo are much larger than their predecessors and increasingly focused on the needs of business travellers. Changes In The Palermo Hotel Profile is the headline of Isabel Stratta’s analysis in iEco of the morphing lodging landscape in areas like Palermo Nuevo, Palermo Soho and Palermo Hollywood …

Over 350 Buenos Aires Restaurants Closed In The Past Year

Patrick Archer buenos aires events, competitiveness, franchises, lifestyle, real estate, tourism

Owning and operating a restaurant in Buenos Aires is no longer an attractive business model for the hundreds of Capital Federal restaurateurs who closed their doors for good in the past twelve months. The Middle Class Slashes Spending and Restaurant Closings Multiply is the headline of Alfredo Sainz’s detailed analysis in La Nacion which paints a culinary cautionary tale for aspiring …

Q: Who Wants To Sell A Buenos Aires Property For Pesos? A: Nadie.

Patrick Archer buenos aires events, foreign investment, lifestyle, real estate

The two-year plus attempt to convince Buenos Aires real estate buyers and sellers to broker deals in pesos was an epic fail judging by the number of Capital Federal properties listed today in pesos versus dollars. The Pesofication Of the Real Estate Market Failed is the headline of Alfredo Sainz’ analysis in La Nacion which traces the origin of the 100% …