Sofitel Casino Carrasco Opens A New Chapter of Luxury In Montevideo

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

The highly anticipated re-opening of one of Montevideo’s most beautiful landmarks finally took place last evening, a historic event symbolizing triumph over adversity and the undeniable appeal of Uruguay for foreign investors. On a beautiful Thursday evening in Carrasco, hundreds of invited guests, foreign dignitaries and proud Montevideanos gathered at the hotel’s entrance enjoying the sounds of the Philharmonic, champagne …

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 …

Montevideo’s Hotel Shortage, Architectural Gems Attract Investors

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

It’s no secret that Montevideo’s hotel inventory is woefully inadequate and outdated for a city that is, as the Wall Street Journal said, Having Its Moment. Montevideo hotel rooms are so old… How old are they? Montevideo hotel rooms are so old, they are more likely to be discovered by archaeologists doing excavation work. Actually, this is not a joke. In …

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 …