200-Key Upscale Urban Hotel in Santiago, Chile

Opportunity to participate in the development of an institutional-scale hotel asset, located in one of Santiago's most valuable urban corridors with the best connectivity.

A confidential opportunity is presented for investors and strategic partners interested in participating in the development of an upscale urban hotel, aimed at capturing corporate, medical, commercial, and tourist demand in a high-income submarket with strong barriers to entry.

The asset is part of a development with significant progress, with approved permits and preliminary works already completed, which allows the investment to be approached on a significantly de-risked basis compared to comparable projects in their early stages.

Key Investment Attributes

  • Urban hotel with 200 rooms
  • Institutional-scale project in Santiago's premium market
  • Approximately 13,536 sqm of hotel area
  • Approximately 6,643 sqm of parking associated with the asset
  • Approved permits
  • Excavation and shoring completed
  • Competitive amenities program: restaurant, rooftop bar, event room, wellness area, and pool
  • Estimated total investment: USD 55.1 million
  • Estimated construction period: 24 months
  • Hotel operation envisioned by international operator
  • International brands under evaluation
  • Expected occupancy: 70%
  • Projected net ADR: USD 158

Investment Thesis

The opportunity combines attributes that rarely converge in a single urban hotel project:

Strategic Location

Located in a consolidated sector of Santiago, with excellent connectivity and proximity to corporate, medical, commercial, and high-income residential hubs.

Scale and Positioning

A 200-room hotel with amenities and common areas aligned with the standards of the urban upscale segment, suitable for capturing diversified demand and higher average ticket sizes.

Advanced Development

The existence of approved permits and already completed preliminary works materially reduces development risk, shortens execution times, and improves the visibility of the investment plan.

Professional Operation

The strategy includes operation by an international hotel player with regional experience, along with evaluation of global brands, strengthening the operational and commercial credibility of the project.

Description of the Asset

The opportunity corresponds to the development of a high-scale urban hotel with the following preliminary characteristics:

Hotel Program

  • 200 rooms
  • Approximately 13,536 sqm of hotel area
  • Approximately 6,643 sqm of associated parking

Common Areas

  • Restaurant
  • Rooftop bar
  • Event room
  • Wellness area
  • Pool

Project Status

  • Approved permits
  • Excavation completed
  • Shoring completed

Operational Fundamentals

The project has been conceived to capture demand from multiple sources, including corporate travelers, guests linked to the health sector, events, urban stays, and high-value tourism in Santiago. This expected diversification of demand contributes to the solidity of the operational thesis. The preliminary business basis considers 70% expected occupancy and a projected net ADR of USD 158.

Opportunity Structure

The owners are evaluating alternatives for the incorporation of capital and/or strategic partners for the development of the asset.

Additional information, including detailed location, technical background, investment structure, brand strategy, financial projections, legal documentation, and transaction terms, will be available exclusively under a Non-Disclosure Agreement (NDA).

Contact

Confidential investment opportunity
Additional information available upon request and signing of NDA.
Hospitality Investment Advisory
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