Uruguay Hotel Reservations Have Tripled Over The Past Decade

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

The number of tourists coming to Uruguay has doubled over the past decade, while the number of Uruguay hotel reservations has tripled, according to new information from the Ministry of Tourism and Sports. Between January and September, Tourists Spent US$570 Million In Uruguay Hotels, is the headline of Luis Custodio’s detailed analysis of the rapid evolution of Uruguay’s hotel sector over …

Uruguay New Hotel Construction Wave Moves Beyond The Coast

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

The recent wave of Uruguay luxury hotel construction and renovation continues rising and spreading from Montevideo and Punta del Este into the country’s previously underserved interior. The current boom was set into motion with the approval of pro-tourism legislation in 2007 when the only luxury hotels could be found in coastal areas like Montevideo, Maldonado and Colonia. Today, Uruguay has …

Hilton Worldwide Announces Hilton Garden Inn Montevideo

Patrick Archer franchises, hotels & casinos, real estate, uruguay, us companies

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 …

Hilton Hotels Coming to Montevideo’s World Trade Center

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

As Montevideo’s World Trade Center continues to evolve into a city within a city, many business travelers often lament the lack of quality accommodations, especially near the WTC. And of the major chains like Radisson, Holiday Inn and NH, most brand name properties are clustered on the west side of town near the Port of Montevideo. So it was only …