Located in the city’s Pocitos neighbourhood, the new hotel will feature 167 guestrooms, including 14 suites, which will range in size from 484 square feet to 861 square feet.

To provide an upscale experience to the guests, the hotel will accommodate an all-day dining restaurant, a lobby lounge, a fitness centre, an indoor pool, and more than 6,200 square feet of meeting and event space.

Post opening of the Hyatt Montevideo hotel in Uruguay, the total number of Hyatt-branded hotels under development in Latin America will come to 14. The hotel is expected to open in 2015.