The hotel opened in 1992 as the Park Hyatt Buenos Aires.

[2] The hotel has 165 guest rooms, including 49 suites.

The Mansion has a stone façade and was built in the Belle Époque style as a wedding gift from Mr. Felix Alzaga Unzué to his wife Elena Peña in 1920.

It remains one of the most architecturally significant mansions in the Recoleta area.

[citation needed] The hotel underwent a $49 million renovation that was completed in 2013.