The hotel's lobby featured murals painted by César Bustillo (the architect's son) and its decoration was planned by famed French designer Jean-Michel Frank (who was in Argentina at work on the Llao Llao Hotel) together with Casa Comte.

Ongoing losses led the operator to withdraw from the business at the end of 1998, and the provincial government closed the hotel.

Following US$30 million refurbishment directed by local architect Alejandro Novakovsky, the hotel reopened on February 8, 2009.

Its 77,500 square metres (834,000 sq ft) of floor space includes 469 rooms and 12 suites, as well as a convention center.

[2] The hotel has hosted numerous Mar del Plata Film Festivals, as well as the 2010 Ibero-American Summit.