Paz E Sossego: Montevideo An Emerging Refuge For Brazilians

This today, according to Parana Online’s Marcio Barros who pens a detailed analysis of Montevideo’s allure for a growing number of tourism and business-minded Brazilians. “Montevideo is a charming city with an ideal tranquility for those who are searching for some peace and quiet. Located in the southern part of the country, the Uruguay capital is the Latin American city …

MVerDe: Montevideo Gives Builders Tax Incentive To Go Green

Already considered to be one of Latin America’s more sustainable cities, Montevideo took an important step this week to encourage more builders of homes and high-rises to embrace green building practices. The Environmental Sustainability in Housing model (SuAmVi in Spanish) will offer generous multi-year tax incentives to those homebuilders who incorporate sustainable features in the design of Montevideo buildings. Features …

World Trade Center 4 Rapidly Reshaping Montevideo’s Skyline

WTC4, the fourth building in Montevideo’s World Trade Center complex, is nearing completion and reshaping Montevideo’s skyline in the process, according to InfoNegocios. Uruguay construction and engineering company Ebital began construction of World Trade Center 4 in September 2009, and the soaring corporate office tower is scheduled for completion in December. A 42-story building with three underground levels, WTC4 will …

Hilton Worldwide Announces Hilton Garden Inn Montevideo

Hilton Worldwide is coming to Montevideo. The Virginia-based company made the announcement yesterday and plans to open the new 17-story, 168-room hotel in 2014. The US$30 million Montevideo property will introduce the popular Hilton Garden Inn brand to South America. Hilton’s announcement offers additional validation of Montevideo as an important hub for business and tourism in the Southern Cone. “As …

Hyatt Announces 5-Star Condo-Hotel on Montevideo’s Rambla

The fact that booming Montevideo has a serious shortage of luxury hotels is a common refrain we hear regarding the hospitality sector in Uruguay. A recent analysis in InfoNegocios found that year-round Montevideo only has 86 hotels, compared to highly seasonal Maldonado (153). Now one major international player is planning to help fill the void in Montevideo’s luxury hotel market. …