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) …

Mendoza Is Now Brazilians’ #2 Destination In Argentina

Patrick Archer foreign investment, hotels & casinos, lifestyle, tourism, wine & vineyards

Mendoza welcomed over 320,000 tourists in the summer month of January, as the Argentine province continues to seduce more national and international visitors with its unique combination of natural beauty, outdoor activities and wine tourism. According to the Ministry of Tourism, the southern region of Mendoza was the most sought after in January with San Rafael topping the list of …

Despite Slowdown Abroad, Record Tourism Arrivals, Spending in Argentina

Patrick Archer foreign investment, lifestyle, tourism, uruguay

More positive tourism data today on both sides of the River Plate validating the growing attraction of Argentina and Uruguay as a safe, affordable refuge despite economic weakness playing out on other continents. Not only are foreign visitors coming in greater numbers, they are staying longer and spending more. Newly released tourism numbers for Argentina reveal over 220,000 international passenger …

Around the World in 80 Hours: International Tourism Fair Latin America

Patrick Archer buenos aires events, foreign investment, lifestyle, tourism, uruguay

Luxury travel and tourism is booming here in Argentina, Uruguay and other corners of Latin America, and this week’s 2011 International Tourism Fair showcased some of the region’s most beautiful destinations. Over 1,700 exhibitors and tens of thousands of visitors were on hand for the four-day turismopalooza held at La Rural in Buenos Aires. As always, Argentina’s travel wares were …

2011 South America Hotel & Tourism Investment Conference Summary

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

Last week marked the fourth anniversary of the South America Hotel & Tourism Investment Conference (SAHIC), and this year’s event was held at the W Hotel in Santiago. The two-day event is fast-paced and gives attendees a good overview of hotel investment trends and tourism growth forecasts in South America. In the opening session on Day One, Arturo Garcia Rosa, the …