Hilton Worldwide Announces Hilton Garden Inn Montevideo

Patrick Archer franchises, hotels & casinos, real estate, uruguay, us companies

Hilton Worldwide is coming to Montevideo. The Virginia-based company made the announcement yesterday and plans to open the new 17-story, 168-room hotel in 2014. The US$30 million Montevideo property will introduce the popular Hilton Garden Inn brand to South America. Hilton’s announcement offers additional validation of Montevideo as an important hub for business and tourism in the Southern Cone. “As …

Argentina Real Estate Auctions Open Avenue For Peso Buyers

Patrick Archer foreign investment, real estate

While the new construction market in Argentina was the first to adapt to the new reality of peso-denominated transactions, the existing property market has remained firmly rooted in suelo de dolares. The majority of sellers either hold out for buyers with dollars or shelve their listings. While potential buyers with pesos have limited options in today’s existing property market, Argentina …

Uruguay Dairy Cattle Exports Rise to Meet China’s Middle Class

Patrick Archer agribusiness, real estate, uruguay

The visitors from Uruguay spent six weeks making the ocean voyage to China. After 12,000 miles at sea, their ship docked at the Port of Xiamen, and the Chinese press were there to greet the long-awaited new arrivals: Uruguay dairy cows. China Modern Dairy, the country’s largest dairy-farming company spent US$12 million for the 4,200 Uruguay Holsteins, a record-breaking transaction …

Spring Brings Tourism Surge in Punta del Este & Colonia

Patrick Archer hotels & casinos, tourism, uruguay

Spring officially arrived on Friday in the Southern Cone, and foreign visitors inundated two of Uruguay’s most popular tourist destinations, according to El Pai­s. Spring’s arrival coincided with national and Brazilian state holidays commemorating historic battles in both Argentina and Rio Grande do Sul, respectively. Facing a modern-day battle of travel restrictions and currency controls, “Argentines rebelled against the restraints,” …

VanityBA: iPhone 5 Release Dates For Argentina & Uruguay

Patrick Archer creative class, lifestyle, technology, vanityba

They’re dancing out of the glass cube on 5th Avenue, high-fiving punters on Regent Street and chest-bumping keeners at the Eaton Centre. The iPhone 5 has landed, and the shortlist of approved countries reads more like the seating chart at a G8 summit: US, Canada, UK, Germany, France, Australia, Japan, Hong Kong and Singapore. For iPhone fanatics in Argentina and …