SLS Punta del Este

Hotel Equities Named Operator of the New SLS Punta del Este, Opening Early 2029

Hotel Equities (HE), a best-in-class hospitality operator, announces a hotel management agreement with Grupo Ginevra-GNV for the operation of SLS Punta del Este, a new Accor-branded luxury hotel and residential development opening in early 2029. The agreement marks Hotel Equities' first project in Uruguay, extending the company's Caribbean & Latin America (CALA) presence into South America.

Screenshot 2026 07 21 162708 ......

Screenshot 2026 07 21 162708

Photo by Ennismore

“We see Punta del Este as one of South America’s fastest-growing hospitality markets, and Uruguay is a natural next step for our CALA platform,” said Juan Corvinos, president of Hotel Equities Caribbean & Latin America. "We’re thrilled to partner with the visionaries at GNV Group who were seeking an operator to deliver global standards with local execution and that's what our in-market HE CALA model is built for. Our experience operating luxury lifestyle and residential-style hotels across the region gives us a clear understanding of what today's discerning traveler expects. Working together, we're bringing Accor's global platform and our proven operational discipline, which has driven results across the Caribbean, Costa Rica, the Dominican Republic, and Mexico, to SLS Punta del Este.”

Accor, through its Ennismore division and the SLS brand, will continue to guide the property's brand identity, design standards, and guest experience. HE CALA will manage day-to-day hotel operations and financial performance, a scope that extends well beyond the guestroom to include the property’s Wellness & Longevity Center as well as a robust food and beverage program with multiple dining concepts, rooftop and pool bars, and event and cocktail spaces. Specific brands and concepts for these dining and wellness offerings will be announced in the coming months, creating Punta del Este's first fully integrated luxury hospitality, dining, and wellness destination under the management of a single internationally recognized operator.

Hotel Equities will also operate SLS Punta del Este’s rental program for residence owners who wish to generate income from their unit when it is not in personal use. Hotel Equities brings deep expertise in the condo-hotel model, widely established in luxury hospitality destinations throughout the United States, the Caribbean and Europe. The partnership introduces this structured, professionally managed program to Punta del Este, a first for the local market.

The addition of SLS Punta del Este marks the latest milestone in HE CALA’s growth and success. In the last 15 months since Juan Corvinos' appointment, the division has established a fully in-market operating platform spanning 11 countries, 16 hotels and resorts totaling more than 2000 rooms including open and operating properties and those in the pipeline, and 23 food and beverage outlets. Other recent highlights include HE CALA’s assumption of management of the Hacienda Tres Rios, which will convert to Kimpton Tres Rios, the brand’s first All Inclusive, located in Mexico's Riviera Maya and set to debut in September 2026. HE CALA will soon assume management of properties in Belize, Mexico City, Cuernavaca, Curacao and several other destinations across the region.

Hotel Website
Central & South America Uruguay Punta del Este

SLS is crafted with the luxury and excellence of a grand hotel, and delivered with a mischievous wink and a sexy little smile. It’s the home of lavish and extraordinary experiences coupled with a playful ambiance. Culinary artistry, theatrical interiors, subversive design touches and unexpected indulgences are at the heart of every SLS property.

Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. It curates and manages unique properties and experiences in some of the most exciting destinations around the world. Ennismore and Accor entered a joint venture in 2021 to create a new autonomous entity, with Accor holding a majority shareholding.

Hotel Equities is a full-service hotel development and management company. We collaborate with brand representatives, institutional investors, high net-worth individuals and joint venture partners to build and grow world-class hotels. We’ve created a scalable infrastructure and systematic operational strategies that enable us to bridge economic cycles, whether we’re executing ground-up development, rebranding a property or managing one of...