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 …

The Summer of Strange & Super Luxury In Punta del Este

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

“Not bad. Not good. Strange.” That’s how Punta del Este hotel and property owners describe Summer 2013 to Ambito’s Leandro Ferreyra. The strange part is the fact that middle class reservations are down 30% due to Argentine currency controls; however, the most luxurious 4 and 5-star hotels and the most exclusive Punta del Este rental properties are all booked solid. …