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If money is no object, the choice between the old mansion and the new tower is the proverbial no-brainer. The latter offers a decent, if vanilla, five-star experience; the former is something special, with original features such as red marble floors, brass door fittings, fireplaces, and ceiling cornices meticulously preserved and restored. The health club, restaurants, and bars are terrific.

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Palacio Duhau, Park Hyatt Buenos Aires

If money is no object, the choice between the old mansion and the new tower is the proverbial no-brainer. The latter offers a decent, if vanilla, five-star experience; the former is something special, with original features such as red marble floors, brass door fittings, fireplaces, and ceiling cornices meticulously preserved and restored. The health club, restaurants, and bars are terrific.