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) …

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 …

From Jobs to Revenue, Tourism Booming In Buenos Aires

Patrick Archer ba government, hotels & casinos, real estate, tourism

The Buenos Aires tourism engine just keeps chugging faster and generating more jobs and revenue in the process, according to a new report from the City of Buenos Aires. The Tourism Board and Ministry of Culture shared the new data at the conclusion of this week’s Expoeventos 2011 at the Centro Costa Salguero. Tourism in Buenos Aires is a multi-billion …