$220 Million Expansion Announced for Conrad Punta del Este

Patrick Archer competitiveness, creative class, foreign investment, hotels & casinos, real estate, tourism, uruguay

The most high-profile hotel and casino complex in Punta del Este is about to double-down on that profile…actually quadruple-down when you count the number of new hotel rooms. This week Chile’s Enjoy investment group announced plans to build three additional towers around the existing Y-shaped tower which first opened to the public in 1997 with a total of 294 guest rooms and …

Conrad Punta del Este Gambles On Multi-Million Dollar Renovation

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay, us companies

The best known casino in the Southern Cone is embarking on a US$20 million renovation in hopes of luring more high rollers from other corners of South America now that the economy is slowing, inflation is rising and the real is weakening in Brazil. Chile’s Enjoy acquired a 45% stake in the Conrad Resort & Casino Punta del Este late …

New Salto Hotel & Casino Adds To Uruguay Gaming Sector

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, uruguay

From Montevideo to Rivera to Atlantida, 2012 has been the Year of the Casino in Uruguay considering the number of new projects announced, under construction or opening their doors. Now add Salto to the list of Uruguay cities cutting the ribbon on a new casino. Opening next Friday, the Salto Hotel & Casino is a 6-story, 57-room hotel in the …

Uruguay Opens Casino College to Support Gaming Growth

Patrick Archer arts & entertainment, hotels & casinos, lifestyle, tourism, uruguay

From Argentines to Brazilians to North Americans, casinos have always been a major attraction for gaming-minded visitors to Uruguay. Now with some Punta del Este casinos doing more business than their Vegas counterparts and a high-profile Montevideo casino on the verge of opening this year, Uruguay is taking a novel approach to finding and grooming future croupiers. The Casino College recently …

New Casino Comes To Uruguay/Brazil Border In Rivera

Patrick Archer arts & entertainment, foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

Anytime we raise the issue of Uruguay casinos, it usually has something to do with the glitz and glamour of Punta del Este. Sure, coastal casinos like the Conrad are high-profile moneymakers, but what about the rest of Uruguay? Not unlike the trend we are seeing with real estate developers and franchise owners in Argentina, the smart money in Uruguay …