Accor To Invest US$100 Million To Build 10 New Argentina Hotels

Patrick Archer competitiveness, foreign investment, hotels & casinos, lifestyle, real estate

Accor, the French hotel group which operates 3,500 properties worldwide, is planning to invest US$100 million and build ten new hotels in Argentina as part of an aggressive Latin American expansion. The announcement, made yesterday in a meeting between Accor representatives and Argentina’s Ministry of Tourism, is another foreign vote of confidence in the country’s future and the tremendous untapped …

Argentine Consumer Tastes Shifting Up to Premium Wine, Beer

Patrick Archer lifestyle, wine & vineyards

Argentine consumers are increasingly opting for premium wines and local palettes are rapidly shifting away from generics in favor of more sophisticated varietals from boutique vineyards and large production wineries alike. InvestBA created the adjacent graph based on data provided by the CCR, and the numbers are staggering for a premium shift when much of the world is moving in …