Hilton and Parque Arauco signed a management agreement to operate a new-build 401-room Hilton hotel in Santiago, Chile, bringing the company's flagship brand to the country. Hilton Santiago Las Condes will be part of the Parque Arauco Kennedy Shopping Mall complex expansion project scheduled to begin construction next year and debut in 2021. The project, owned and developed by Parque Arauco, will include a convention center, new retail outlets, 700 parking spaces and the Hilton-managed hotel.
The new hotel, designed by Gensler Architecture, Benkel Larraín Architects and Enrique Concha & Co. interior design, will have two restaurants and three bars; spa with heated indoor swimming pool; 30th floor terrace with outdoor swimming pool and sky bar overlooking the city; 29th floor fitness center; executive lounge; and access to the city's largest hotel convention center with more than 32,000 square feet of space to host events for more than 2,800 guests.
The hotel's seventh floor will also have outdoor gardens offering view of Parque Araucano, a natural setting in the Las Condes area of Santiago.
More than $200 million will be invested for this mixed-use development.
Hilton currently has a portfolio of more than 90 hotels and resorts in Latin America.