Argentina Hotel Sector Surges With New Investors, Popular Chains

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

An ambitious wave of new hotel construction is sweeping through Argentina as investors large and small tap new opportunities to buy, build and own. “Argentina’s Hotel Sector Proving Its Investment Potential” is the headline of a detailed analysis in the Real Estate supplement of today’s Ambito which points to the most recent long holiday weekend (1.3 million tourists spending US$240 million) …

HoJo NueVo: Howard Johnson Getting His Groove Back in Argentina

Patrick Archer foreign investment, franchises, hotels & casinos, lifestyle, real estate, tourism, us companies

It’s hard to remember the last time you heard about a new Howard Johnson hotel opening in North America. That’s because the chain peaked in 1975 with 1,500 properties in the U.S. and Canada. The Carter-era oil embargo and rapid rise of fast food joints crushed the company’s motor lodge/sit-down restaurant model. Do a Google News search today for “new …

Hilton Garden Inn Coming to Santa Fe, Argentina

Patrick Archer foreign investment, hotels & casinos, tourism, us companies

The positive tourism-related news for Santa Fe just keeps flowing. First The House of Beer opens, then Messi, the Seleccion and Copa America come to town, and now it appears Hilton will make a serious investment in the Santa Fe Port by opening Argentina’s first Hilton Garden Inn. The announcement was made yesterday by Santa Fe Port Authority Director Marcelo Vorobiof. …