No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveRamada To Build Central Pacific Resort

Ramada To Build Central Pacific Resort

It has already been a big year for multimillion-dollar hotel plans in Costa Rica, and now the international Ramada hotel chain has thrown its hat into the ring with the announcement of its $45 million Ramada Resort and Residences Jacó Beach, with construction scheduled to begin on the Central Pacific coast later this month.

The project includes a four-star, 72-room resort and 228 apartments, according to a statement from Costa Rican company Grupo Zeta, for whom the project represents its first investment in the tourism sector.

It’s also the first time Ramada has lent its name to a residencial complex, according to Grupo Zeta Real Estate Marketing Manager Alvaro Valverde.

The first phase of construction, scheduled to begin in October, will include the hotel – which will feature two pools, wireless Internet, air-conditioning, a conference room, a spa and fitness center, a bar and restaurant, and a business center – as well as two 10-story towers with 38 apartments each.

Four more towers will be raised during the second phase of construction, with all construction complete within four years, the statement said.

The residences will be affiliated with Resort Condominiums International (RCI), an international timeshare network.

Through RCI, purchasers of Ramada apartments in Jacó will be able to exchange a stay there for a stay in other resorts around the world, according to a point system. Owners will also be able to rent out their apartments when not in use.

Grupo Zeta expects $80 million in sales during the first years of operation, with 150 jobs created by the first phase of construction.

 

Trending Now

Retired Nicaraguan Army Captain Sentenced to 50 Years for Treason

A retired military officer was sentenced to 50 years in prison in Nicaragua for the crime of "treason against the homeland," his family denounced...

Costa Rica’s Pride March 2025 Defies Restrictions and Celebrates Diversity

A large crowd gathered in Paseo Colón, San José, to participate in the LGBTIQ+ Pride March 2025. It began at noon, as people marched...

Why Costa Rica Feels Like a Safe Haven for This Longtime Expat

If someone asked me to sum up why I live in Costa Rica in 5 words or less, my answer could well be: “It...

El Salvador Slams Paris Fashion Show Inspired by Cecot Mega-Prison Inmates

The president of El Salvador, Nayib Bukele, joked on Saturday that he could send inmates from his mega-prison to France, after they were represented...

Chiquita Brands Leaves Panama Amid Protests, Talks Underway to Resume

Laid-off workers from the U.S.-based banana company Chiquita Brands said on Monday that they are hoping for the company’s return to Panama, after it...

U.S. – Guatemala Security Pact Targets Crime and Helps Returning Migrants

U.S. Secretary of Homeland Security Kristi Noem signed a border security cooperation agreement with Guatemala on Thursday, which includes the use of drones and...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica