Bariloche Begins Ski Season With Record Tourism Numbers

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

Argentina Ski Season is officially underway, and the country’s leading downhill destination is welcoming record numbers of charter flights, hotel guests and foreign visitors. “Record Number of Foreign Visitors in Bariloche” is the title of Soledad Maradona’s article in today’s La Nacion which links the sudden surge in South American skiers and snowboarders with the season’s first snowfall, falling temperatures, …

Will The CEDIN Dollar Reignite Argentina’s Real Estate Market?

Patrick Archer aruba, real estate

That’s the billion dollar question Argentina real estate market participants are asking on the eve of the CEDIN dollar’s arrival next month. The CEDIN (Certificado de Deposito Para Inversion) is a Certificate of Deposit for (Real Estate) Investment which begins circulating July 1 as part of a government-sponsored initiative to boost Central Bank reserves by issuing Cedines to those who choose to …

BA, Montevideo Among Top 10 Latin American Hotspots

Patrick Archer aruba, buenos aires events, competitiveness, foreign investment, global rankings, hotels & casinos, tourism, uruguay, us companies

MasterCard released their annual Global Destination Cities Index today, and both Buenos Aires and Montevideo rank among the Top 10 Destination Cities in Latin America. The third annual ranking and forecast of international visitor arrivals and expenditures in 132 cities worldwide predicts the Top 10 Latin American destination cities will receive 15.4 million international visitors in 2013. By city, the Top …

Mendoza Produced 69% Of Argentina’s Wine Harvest

Patrick Archer agribusiness, aruba, lifestyle, real estate, wine & vineyards

2013 was a good year for Mendoza vineyards, as production surged back to historical levels following a disappointing 2012. The 2013 Argentina wine harvest resulted in 28.51 million quintals (100 kilograms) of grapes, a 28% increase over the 22.30 million quintals harvested in 2012, according to Cronista. The 2013 rebound was something to celebrate following the 2012 harvest which was …

Carmelo, Uruguay Property Values Have Doubled Since 2008

Patrick Archer aruba, foreign investment, lifestyle, real estate, uruguay

Carmelo is emerging as the coastal Uruguay destination of choice for high-net-worth Argentines, and the trend is reflected in a near doubling of land prices since 2008, according to the Uruguay Real Estate Chamber. “Carmelo, A New Center of Attraction For Argentine Investors” is the front page story in today’s BAE Negocios which points to a wave of new construction …