1675-7 Ritz-Carlton DIEGO LOWENSTEIN
JUNE 7, 2004
Lionstone. Bought DiLido in 1971. Bought Seville 1974 from Kipnis.
Alfredo 59Y0; Grandfather Ludwig Luis. Meat business in Argentina, largest exporter of
beef in the world. Comnpletely out of Argentina. Father lives Virgin Islands; Diego lives
in Miami., Curacao, Aruba, time share St. Thomas. Run Seville day-to-day; convert to
condo-hotel.
After 9/11, new hotel venues were difficult to finance. Easer to sell condo-hotels.
Los 1 1/2 years in contractor dispute. As DiLido, ran until 1998, always a money maker.
Caters to South Americans. Grandfather came from Argentina in the 60s. Grandfather
died in 1994. Grandfather used to come to Miami, got into real estate. (Lear School????)
Wealthy Mexicans, Venezuela. Little under 50% group sales, rest leisure Americans,
Expect Euro and Latin traffic in summer. Main reservations England and Spain.