With La Imprenta Closing, The Belgrano Rumor Mill Churns

Patrick Archer average prices, buenos aires events, lifestyle, real estate

A popular Belgrano restaurant and cafe has closed triggering speculation that a residential megaproject is in the works. iProfesional’s Patricio Eleisegui says La Imprenta Café & Bistro lowered the persianas permanently yesterday after twenty years of service in the barrio. The closing is the latest in a string of high-profile restaurant and store closures on the Belgrano block with a …

5-Star Buenos Aires Hotel Was Being Taxed As A Vacant Lot

Patrick Archer aruba, franchises, hotels & casinos, real estate, tourism

A five-star hotel in one of Argentina’s most exclusive seaside resorts was being taxed as a vacant lot, according to tax collection authorities in the Province of Buenos Aires. In a press release yesterday from the Collection Agency of Buenos Aires (ARBA), the hotel was identified during the agency’s 2013 summer audit. The three-story hotel on Route 11 features 60 guest rooms, a …

China Leapfrogs Brazil As Uruguay’s #1 Trade Partner

Patrick Archer agribusiness, aruba, competitiveness, foreign investment, uruguay

Two trade-related stories this week confirm the growing importance of China and other Asian markets for Uruguay companies, consumers and exporters…and vice versa. China is now Uruguay’s number one trade partner, according to an analysis of 2012 trade data from Uruguay XXI. Uruguay imports and exports to China had a total value of US$3.47 billion which represents 19% of Uruguay’s …

Startups, Seed Accelerators Gravitate To Palermo Hollywood

Patrick Archer aruba, buenos aires events, creative class, entrepreneurs, real estate, technology

Lights! Camera! Seed Capital! The path to becoming the next Instagram or Twitter may pass through perennially cool and increasingly tech-centric Palermo Hollywood. Silicon Valley Is Emerging In The Coolest Neighborhood In Buenos Aires is the headline of Fernando Gutiérrez’s report in today’s El Observador chronicling the recent influx of tech startups and seed accelerators in Palermo Hollywood and simultaneous surge in the …

VanityBA: Argentina Medical Tourism Attracting More Foreigners

Patrick Archer hotels & casinos, lifestyle, vanityba

More foreigners are choosing Argentina for elective and non-elective medical procedures according to two reports out this week from the Ministry of Tourism and the International Society of Aesthetic Plastic Surgery (ISAPA). In terms of revenue, the government numbers show medical tourism in Argentina has grown 25% over the last four years to become a US$100 million industry. Argentina luxury …