The leading hospitality group Cipriani is going to invest $450 million in San Rafael Hotel located in Punta del Este, Uruguay.
Cipriani will restore San Rafael Hotel into Cipriani Ocean Resort, Club Residences and Casino complex. Rafael Viñoly will be the architect for the reconstruction. The hotel and the club residences will be decorated by Florentine architect Michele Bönan and all the furniture will be produced by Italian artisans.
“The project includes the faithful reconstruction of the iconic hotel, once the glamorous destination for celebrities and politicians coming to Uruguay, as well as the preferred choice for South Americans and international visitors. The original design will be entirely preserved and complemented with beautiful residences, restaurants, spa, pools, boutiques and a casino,” the Cipriani group said.
The first phase will include 164 hotel suites, and then, an additional 800,000 square feet of residences will be added on a second phase.