Worth a rental for sure.
Not a whole lot happens in the movie plot-wise. There's a nerdy young American businessman with a tendency to take things very seriously who is living in Barcelona in the 1980s. He's suddenly visited by his cousin, a flippant Navy officer, and has to host him indefinitely. They both have relationships with different women. And that's about it. Not a movie with any shocking revelations or shattering plot-twists: just plausible characters living their lives.
And yet, the film is really interesting. The greatest strength is Stillman's dialogue, which is far more articulate than you are used to hearing in movies. Even when they aren't talking about anything particularly profound, just the way the characters talk is fun to listen to. They are snarky without being overly mean, and have a much wider vocabulary than typical movie characters. They're somewhat similar to Woody Allen's characters, but less give over to jokey one-liners and neurotic behavior. Taylor Nichols plays the businessman with cute earnestness. Christopher Eigeman, whom I had only seen before in Stillman's The Last Days of Disco, might be my new favorite actor that nobody knows about. He projects this sort of sarcastic and obnoxious yet generally well-meaning and self-aware persona that I've never quite seen anyone else do. I really wish this guy were in more movies. Tushka Bergen and Mira Sorvino are good as the Spanish love interests, though their characters are definitely secondary.
The film's visual style is definitely similar to Woody Allen's. There are a lot of static, middle-distance shots, few close-ups, and occasional tracking shots of characters walking along sidewalks. It all works well enough for what the movie wants to do, which is mainly listen to its characters talk. The film wryly portrays the goofiness and naivete of its American characters, but actually puts the snobbish and anti-American European characters in a far worse light. This might actually be a strongly traditional defense of America, though it's hard to tell because it's all so dry and ironic. Whatever it is, I enjoyed it, and I wish Whit Stillman would make more movies than he does (only 3 over the past 21 years, so far).