HVS Buenos Aires was interviewed by Ellen Hoffman, HotelNewsNow.com

Buenos Aires interviewed by HotelNewsNow.com

HVS Buenos Aires was interviewed by Ellen Hoffman, HotelNewsNow.com, to the article "Buenos Aires hotel sector back-slowly coming”.

Tourism has been “one of the most dynamic sectors of the national economy … (and) being the financial, economical and commercial center of the country … (the city) is well established as a destination for the corporate segment,” wrote Graciana García Iribarne and Arturo García Rosa of HVS Argentina industry consultants, in their published “Market Snapshot” of Buenos Aires. HVS also reported in their recent survey of 18 5-star and luxury hotels in Buenos Aires that for the first quarter of 2010, the occupancy was 71 percent, an increase of nearly 11 percent during the same period in 2009, although the average daily rate was down more than 9 percent to US$225.00 (ARS870.41).

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