RIU Hotels presented its 'Proudly Committed' sustainability strategy in Buenos Aires, reporting nearly $20M in social investment over six years, with Argentina accounting for 60% of the chain's LATAM revenue.
In one of the most significant real estate milestones in the region over the past decade, Sofitel, the renowned French luxury hotel brand and part of Accor, announces the launch of its first branded residences in Argentina: Sofitel Residences Buenos Aires Madero.
Four Seasons Hotel Buenos Aires announces the completion of a meticulous restoration and enhancement project of La Mansión Álzaga Unzué, an architectural jewel declared a Cultural Heritage Site of the City of Buenos Aires and a symbol of the city's history.
Tribute Portfolio, part of Marriott Bonvoy's global portfolio of over 30 extraordinary hotel brands, marks its debut in Buenos Aires with the opening of Recoleta Grand, Buenos Aires, a Tribute Portfolio Hotel. Located in the dynamic Recoleta district - known for its European charm and cultural richness - the property joins Tribute Portfolio's growing family of characterful, independent hotels around the world.
Meliá Hotels International, Spain's leading hotel company, is expanding its presence in Latin America with the signing of an exclusive luxury hotel in Buenos Aires. Casa Lucia, the newest addition to The Meliá Collection's curated portfolio of distinctive hotels, will open its doors in the iconic Mihanovich Building, located in the vibrant Retiro neighborhood of the Argentine capital. This will be the first hotel in Latin America under The Meliá Collection brand, as the company continues its commitment to growth and to introducing its finest brands, with the goal of offering a high-value hospitality experience.
The game‑changing hotel brand continues its global expansion to 10 countries with the signing of Tru by Hilton Bariloche.
Perowne International is delighted to announce its appointment as the global PR representative for Hotel Casa Lucía in Buenos Aires, which marks the first venture outside of Spain for the beloved Único Hotels'. Bound by family ties to Argentina, Único Hotelier Pau Guardans has long adored the vibrancy of the city and been enchanted by the country's dramatic landscapes, lively culture, and rich cuisine. Casa Lucía's launch in January 2024 will bring a new luxury accommodation and exceptional Único service to Argentina's capital.
Almost a year after closing its doors to the public on March 19, 2020, La Mansión, located at Four Seasons Hotel Buenos Aires, has reopened to welcome those who wish to stay again. Guests will be able to choose between the seven suites that this 1920 palace has.
Marriott International announced today the long-awaited opening of the Buenos Aires Marriott Hotel. Previously operating as the Hotel Panamericano Buenos Aires, the property underwent an extensive conversion to meet Marriott's elevated quality standards. Located in the heart of the city, with convenient access to must-see attractions such as the Teatro Colón, the Obelisk and the Palace of Justice, the hotel is well positioned to become a favorite among business and leisure travelers visiting this South American destination.
Buenos Aires has become the latest city to join the International Network of Sustainable Tourism Observatories (INSTO), a pioneering initiative of the World Tourism Organization (UNWTO) aimed at helping destinations manage tourism in a smart and sustainable manner.
Marriott International, Inc. has signed an agreement with GNV Group to bring its iconic W Hotels Worldwide brand to Argentina for the first time in dynamic Buenos Aires, underscoring growing demand from developers and consumers alike for W Hotels' bold design, signature Whatever/Whenever® service and innovative programming. The hotel - expected to open in 2024 - and its planned residences will be located within a $100 million, 34-story, mixed-use tower poised to rise in the heart of the captivating Puerto Madero neighborhood, the ideal location for the brand's passion for what's new/next.
Hampton by Hilton, Hilton's (NYSE: HLT) upper-midscale brand and leader in the category,today announced the signing of its second Hampton by Hilton hotel in Argentina - Hampton by Hilton Buenos Aires Parque Leloir. Owned and developed by Romay Desarrollos Inmobiliarios, the 72-room hotel is set to open in 2021 and will form part of the Thays Parque Leloir mixed-use building, featuring two swimming pools, a fitness center, spa, convention center, retail, residences and a variety of dining outlets.
South America hotel demand is growing at a quicker pace than supply for the first time since 2011, according to data and analysis from Boo covered the region's supply/demand dynamic and hotel performance during her presentation earlier today ahead of the World Travel and Tourism Council Global Summit. The media contacts listed below can provide Boo's full presentation slide deck and arrange interviews for further comment. For total-year 2017, South America's occupancy increased 2.2% to 55.9%, and average daily rate (ADR) was up 0.5% to US$104.07. As a result, revenue per available room (RevPAR) grew 2.7% US$58.20.At the market-level, Buenos Aires posted one of the top RevPAR growth rates at +29.1%. That came as a result of 11.3% growth in occupancy to 68.7% and a 16.1% spike in ADR to ARS2,147.01. "Buenos Aires showed strong performance across each day of the week with little fluctuation. We see that pattern as an indicator of strong business and leisure performance," Boo said. "The market is a top destination for MICE (Meetings, incentives, conferences and exhibitions) business, and with a boost from events like the WTTC, Youth Olympic Games and G20 summit, we forecast occupancy to surpass 70% in 2018 with ADR growth being the primary driver of RevPAR growth."
The World Travel & Tourism Council (WTTC)'s 2018 Global Summit will take place in Buenos Aires, Argentina on 18-19 April. Industry leaders from public and private sector will discuss the theme of 'Our People, Our World, Our Future', debating how the sector is placed to create sustainable jobs in a future of transformational technology, increasing environmental pressures, and in a world where security concerns are paramount.