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ALGODON MANSION RECEIVES ANDREW HARPER’S PRESTIGIOUS RECOMMENDATION

05.31.2012

FOR IMMEDIATE RELEASE

ALGODON MANSION RECEIVES ANDREW HARPER’S PRESTIGIOUS RECOMMENDATION

(May 31, 2012) Andrew Harper’s Hideaway Report, the most respected publication in luxury travel, announced in its June 2012 issue the recommendation of Algodon Mansion.

Located in the heart of Buenos Aires’ most elegant residential neighborhood, Algodon Mansion’s hotel is situated in a 1912 landmark that offers superior comforts in design, technology, and luxury amenities. “We feel honored to have received this distinction,” says Scott Mathis, Chairman and Founder of Algodon Properties. “Mr. Harper’s Hideaway Report is a celebrated publication that is lauded as one of the best of its kind and essential to the luxury world traveler. Having received this recommendation is truly an achievement.”

All of Andrew Harper’s recommended properties possess exceptional character, a commitment to classic hospitality and a profound sense of place. Mr. Harper does not evaluate hotels by means of a checklist, but uses his three decades of experience to distinguish the truly enchanting from the merely excellent. Algodon Mansion is delighted to be among the best of the best properties worldwide to receive his recommendation.

About Andrew Harper: Free of advertising since its inception in June 1979, Hideaway Report is a monthly publication for a private community of sophisticated travelers. The selection of hotels, resorts and restaurants for inclusion in this publication is made on a completely independent basis, with Andrew Harper, Inc. paying full rate for all meals, lodging and related travel expenses. Andrew Harper and his editors travel incognito to write opinionated and unbiased travel reviews for a private membership service, which provides personalized travel planning assistance, bespoke tours and valuable travel benefits to its members. For more information about Andrew Harper, visit www.AndrewHarper.com. Be sure to follow Mr. Harper on Facebook at www.Facebook.com/AndrewHarperTravel and on Twitter at HarperTravel.

About Algodon Mansion: Algodon Mansion lies in the heart of Buenos Aires’ most elegant residential neighborhood, Recoleta. Our hotel’s landmark 1912 building is fashioned in French Classical design and has been impeccably restored, yet re-imagined with inspired contemporary elegance and sophistication. Each of our luxury suites is exceptionally spacious and offers superior comforts in amenities, as well as custom designed details and furniture that can’t be found anywhere else in the world. Attended by 24-hour butlers, suites overlook a shaded residential street and an exquisite six-story interior lightwell that features a cascading waterfall descending to the lobby. Our restaurant, Chez Nous, is featured on the main floor of our hotel, and has been celebrated for reinterpreting traditional regional dishes that take Argentine gastronomy to a whole new level. Our chic dining rooms exude elegance, intimacy and romance, while our sleek cognac bar offers a cool ambiance that appeals to the sophisticate. On the mansion’s rooftop, teak decks and loungers surround a swimmer's pool for summertime tanning with a petite bar for afternoon and evening soirées.

In addition to recently being inducted into the Relais & Châteaux fellowship (Algodon Mansion is the first Relais & Châteaux Hotel in Buenos Aires), Algodon Mansion has received an abundance of positive press and accolades since it opened its doors a little over a year ago, including being ranked by TripAdvisor’s 2012 Travelers’ Choice® awards as the #7 Best Hotel in Argentina, and the #13 Best Hotel in South America, as well as Condé Nast Traveler’s 2011 Hot List (US & UK Editions), Travel+Leisure’s 2011 It List, Travel+Leisure 2011 World’s Greatest Hotels, Resorts & Spas, and Elite Traveler’s Top 101 Hotel Suites 2011, among many others. Algodon Mansion’s restaurant, Chez Nous, has also received recent notable accolades such as induction into the Relais & Châteaux fellowship, a five star review form La Nación, one of Argentina’s most widely read newspapers, and Black Book Magazine, which lists Chez Nous as one of the city’s "Top Picks".

Algodon Mansion’s sister property is Algodon Wine Estates located in San Rafael, Mendoza, whose award-winning wines and fresh farm products are featured prominently on Chez Nous restaurant’s menu and wine list. Algodon Wine Estates offers wine lovers the opportunity to live the winemaker’s dream and enjoy custom designed luxury homes, located on a sprawling vineyard estate with the grape variety of their choosing. This 2,050 acre (825 ha) estate features a world-class winery, as well as 18 holes of championship golf, a championship tennis center and internationally award-winning hospitality amenities.

Algodon Properties are owned and operated by DPEC Partners, founded by Chairman & CEO Scott Mathis and partners. Based in NYC with offices in Buenos Aires and Mendoza, DPEC provides an unequivocal strategic advantage in Argentine real estate acquisition and development. Own a part of the dream.

Important Notes:

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to Algodon Wines & Luxury Development Group (Algodon Partners) and its respective subsidiaries ("the Company") estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements speak only as of the date set forth above. The Company undertakes no obligation to update publicly any forward-looking statement, whether because of new information, future events or otherwise.

Media/Analyst Contact:
Algodon Group
Eric Stear
212.739.7669
Rstear@algodongroup.com

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