Hilton Worldwide Opens Luxury Boutique Hotel In Buenos Aires

[soliloquy id=”21166″] Hilton Worldwide Opens Luxury Boutique Hotel In Buenos Aires Hilton Worldwide (NYSE: HLT) today announced the opening of its first luxury boutique hotel in Buenos Aires and the first Latin American destination for its expanding collection of upscale boutique properties called Curio. The hotel, Anselmo Buenos Aires, is located in the San Telmo neighborhood in a popular area for tourists exactly …

JPMorgan Chase Announces Global Service Center In Buenos Aires

[soliloquy id=”21088″] JPMorgan Chase & Co. (NYSE: JPM) yesterday announced the opening of a new global service center in Buenos Aires pointing to several positive factors like cheap real estate, a convenient time zone and a highly skilled labor force which helped the Argentine megacity trump other South American metros like Bogota, Santiago and São Paulo. JPMorgan Opening A Regional Center With 1,000 Professionals is the headline …

Express Boom Rapidly Changing Buenos Aires Supermarket Landscape

Hundreds of Asian-owned Buenos Aires supermarkets are closing now that multinational giants like Carrefour and Walmart are blanketing BA barrios with their own “express” markets. “Around 400 super chinos closed last year alone and 1,100 jobs disappeared. The expansion of the large chains under the express model siphoned off a lot of our customers which hurt the profitability of our business,” …

US$2 Billion Highway Tunnel Below Puerto Madero Could Open In 2016

A proposed highway tunnel below Puerto Madero could bridge northern and southern auto corridors, alleviate downtown Buenos Aires traffic and spark a new wave of downtown real estate development. If approved, boring machines could begin carving the 2.5 kilometer underground tunnel this year which would connect three major downtown highways by mid-2016 if the project receives both municipal and federal …

Argentina Franchises Booming Across Sectors & Borders

[soliloquy id=”19481″] Consumer demand for consistency and quality in dining, goods and services is fueling Argentina’s franchise sector with hundreds of original brands and almost 30,000 franchise locations nationwide. Franchises Now Move The Equivalent Of 2.4% Of Argentine GDP, is the headline of today’s iProfesional article which summarizes new market data from the Argentina Association of Brands & Franchises (AAMF). …