Buenos Aires

Why You Should Go: Argentina’s economic free fall of 2002 has passed, but deals still abound. And you can’t beat all the art, food, and music.

Where to Sleep: At the Five Cool Rooms hotel (doubles from $105, www.fivebuenosaires.com), in the trendy Palermo Soho neighborhood, there are actually 17 rooms, and you can eat breakfast on the rooftop terrace. Or try the Art Hotel (doubles from $105, www.arthotel.com.ar), which is in Barrio Norte, on the edge of the grand Recoleta neighborhood, where Eva Perón is buried.

Where to Eat: You can get a high-quality steak for less than $10 at almost any parrilla. Try Campo Bravo, in the Las Cañitas section of Palermo, but prepare to wait. Since locals don’t eat dinner until after 9 p.m., have a snack under the trees at La Biela café, in Recoleta.