The historic Alvear Palace Hotel is situated in the most elegant neighborhood of Buenos Aires, La Recoleta. It is an area of extensive parks, wide avenues, and impressive architecture in a classical style. It is also where the best restaurants, cafes, antique shops and boutiques of Buenos Aires are found. Museums, cultural institutions and parks are nearby, as well.

Originally built as a luxury hotel to accommodate the increasing amount of European visitors arriving in Buenos Aires at the time, the Alvear Palace was transformed in 1932 into a model of luxury. The majestic rooms and suites, as well as the lobby and public areas, are reminiscent of the Louis XV and Louis XVI styles, which are evident in the furniture, the crystal chandeliers, walls decorated with gold leaf and works of art of famous artists. The eleven-floor luxurious building with five basement levels stands as an undisputed symbol of the city, on the corner of Alvear Avenue and Ayacucho Street.