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ALGODON MANSION, BUENOS AIRES, EARNS 2013 TRIPADVISOR CERTIFICATE OF EXCELLENCE

05.22.2013

FOR IMMEDIATE RELEASE

ALGODON MANSION, BUENOS AIRES, EARNS 2013 TRIPADVISOR CERTIFICATE OF EXCELLENCE

Honored as a Top Performing Luxury Hotel as Reviewed by Travelers on theWorld’s Largest Travel Site

NEW YORK, NEW YORK – May, 22, 2013 Scott Mathis, Chairman & Founder of Algodon Partners, announced today that the company’s luxury boutique hotel in Buenos Aires, Algodon Mansion, has received TripAdvisor’s Certificate of Excellence award.  The accolade, which honors hospitality excellence, is given only to establishments that consistently achieve outstanding traveler reviews on TripAdvisor, and is extended to qualifying businesses worldwide.  Only the top-performing 10 percent of businesses listed on TripAdvisor receive this prestigious award.

To qualify for a Certificate of Excellence, businesses must maintain an overall rating of four or higher, out of a possible five, as reviewed by travelers on TripAdvisor, and must have been listed on TripAdvisor for at least 12 months.  Additional criteria include the volume of reviews received within the last 12 months.

“We would like to thank each of our guests who took the time to recommend us to their fellow travelers,” says Mathis.  “This is a great honor indeed.  I would also like to acknowledge our fine staff and management who endeavor to give each of our guests a sublime hotel experience.  This accolade is evidence that our hard work is translating into positive reviews on TripAdvisor.”

“TripAdvisor is delighted to celebrate the success of businesses around the globe, from Sydney to Chicago, Sao Paulo to Rome, which are consistently offering TripAdvisor travelers a great customer experience,” said Alison Copus, Vice President of Marketing for TripAdvisor for Business. “The Certificate of Excellence award provides top performing establishments around the world the recognition they deserve, based on feedback from those who matter most – their customers.”

About Algodon Mansion

Algodon Mansion is an all-suite, luxury boutique hotel in Buenos Aires’ most elegant residential neighborhood, Recoleta.  Algodon Mansion is a proud member of Relais & Châteaux, whose fellowship represents the best of the world’s finest hoteliers, setting the standard for excellence in hospitality.  Algodon Mansion is currently ranked the #2 Best Luxury Hotel in all of South America and the #1 Best Luxury Hotel in Argentina from TripAdvisor’s 2013 Travelers' Choice® awards, and is featured among Andrew Harper’s 2013 Grand Awards, Condé Nast Traveler’s 2011 Hot List, Travel+Leisure’s 2011 It List, and Elite Traveler’s Top Hotel Suites 2011, among many other accolades. Algodon Mansion features a Davidoff Cigar Lounge located on the hotel’s open-air rooftop with pool.

About TripAdvisor
TripAdvisor is the world's largest travel site*, enabling travelers to plan and have the perfect trip. TripAdvisor offers trusted advice from real travelers and a wide variety of travel choices and planning features with seamless links to booking tools. TripAdvisor branded sites make up the largest travel community in the world, with more than 200 million unique monthly visitors**, and over 100 million reviews and opinions. The sites operate in 30 countries worldwide, including China under daodao.com. TripAdvisor also includes TripAdvisor for Business, a dedicated division that provides the tourism industry access to millions of monthly TripAdvisor visitors.

TripAdvisor, Inc. (NASDAQ: TRIP) manages and operates websites under 20 other travel media brands: www.airfarewatchdog.com, www.bookingbuddy.com, www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com, www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.independenttraveler.com, www.jetsetter.com, www.onetime.comwww.seatguru.com, www.sniqueaway.com, www.smartertravel.com, www.tingo.com, www.travel-library.com, www.travelpod.com, www.virtualtourist.com, www.whereivebeen.com, and www.kuxun.cn

*Source: comScore Media Metrix for TripAdvisor Sites, worldwide, January 2013

**Source: Google Analytics, worldwide data, March 2013

©2013 TripAdvisor, Inc. All rights reserved. 

SOURCE TripAdvisor

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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