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Article: HILTON HOTELS CORP.'S INTERNATIONAL SUBSIDIARY, CONRAD INTERNATIONAL, TO OPERATE HOTEL-CASINO IN URUGUAY
- Article from:
- PR Newswire
- Article date:
- November 23, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEVERLY HILLS, Calif., Nov. 23 ~PRNewswire~ -- Barron Hilton, chairman of Hilton Hotels Corp. (NYSE: HLT), and Eric Hilton, president of Conrad International Hotels, today announced the government of Uruguay has selected Conrad and an Argentine-led group to develop a hotel-casino in Punta del Este, Uruguay. Conrad, Hilton's international subsidiary, will operate the property.
As the successful tenderer for what will be the first privately operated casino in Uruguay in 30 years, the group plans for a 300-room hotel and conference center located on a 10-acre site fronting the beach in the country's premiere resort.
"Uruguay law permits the issuance of only one gaming ...