"Alvear Palace The Alvear Palace is a Buenos Aires landmark. Dreamed up by businessman and socialite Dr. Rafael de Miero, who wanted to bring back 1920s Paris grandeur to his hometown, the hotel was erected in 1932 on the corner of Avenida Alvear andAyacucho after a decade of on-and-off construction. Then after much fanfare, it expanded in 1940, taking over an old mansion next door. For several decades, Alvear Palace was owned by the Duke of Hornes,a cousin of King Juan Carlos I, though Argentina’s economic situation saw the hotel’s reputation steadily decline. Since Anglo-Argentine developer David Sutton Dabbah (also co-owner of Patagonia’s Llao Llao Hotel & Resort) purchased the property in 1984, the Palace has been renovated and renovated again,top-to-bottom in 2011, which lowered the room count and revived the lavish Louis XV furnishings, and most recently in 2016, with the debut of sleek rooftop suites, an indoor pool, solarium, and a rooftop bar. Bathroom amenities are custom-made by Hermès. The lobby bar exudes Belle Epoque elegance, and many of the rooms, while still as picture-perfect as ever, could be mistaken for another century. There are touches of modern luxury in the spa, but over-the-top opulence is still the dominant theme running through the signature French restaurant and afternoon tea, as high society lingers."