• Costa Rica Coffee Guide

Starwood Hotel expansion includes Costa Rica

March 4, 2011

Starwood Hotels announced this week that six new hotels will open in Latin America this year, including in Costa Rica, where the company plans to develop its first all-inclusive resort, the Westin Playa Conchal Resort and Spa, in the northern province of Guanacaste.

Westin Hotels is key to Starwood’s Latin America growth strategy – Westin plans to increase its Latin America portfolio by 50 percent this year, debuting in Perú, Panama and Costa Rica. Starwood’s fastest regional markets are located in Brazil, Panama and Perú.

Starwood is one of the world’s largest hotel and leisure companies, with nine global brands that operate primarily in the in the luxury and upscale segment of the lodging industry, including Westin, Sheraton and Four Points.

This week, Starwood President and CEO Frits van Paasschen and other companies directors met with owners and developers in five Latin American countries – Brazil, Chile, Peru, Argentina and Uruguay.

“Starwood is ramping up across Latin America in response to the increased demand for high-caliber global brands in a region that is poised to grow more than four percent in 2011,” Osvaldo Librizzi, president of Starwood’s Latin America division, said in a statement. “We are capturing more than our fair share of this fertile market and expect even more hotel deals to follow this week’s visit. Of particular interest is Brazil, where a flurry of hotel development is expected in the run-up to the 2014 FIFA World Cup and 2016 Summer Olympics.”

You may be interested

Panama’s economy registers historic decline due to pandemic
Latin America
1971 views
Latin America
1971 views

Panama’s economy registers historic decline due to pandemic

AFP - March 2, 2021

The economy of Panama, one of the largest in Central America, suffered a historic contraction of 17.9% in 2020 compared…

IMF loan ‘ultimately benefits all Costa Ricans,’ Alvarado says in interview
Costa Rica
1576 views
Costa Rica
1576 views

IMF loan ‘ultimately benefits all Costa Ricans,’ Alvarado says in interview

The Tico Times - March 2, 2021

The International Monetary Fund (IMF) on Monday approved a three-year, $1.78 billion loan to help stabilize Costa Rica's economy. Read: IMF…

This day in history: Pope John Paul II visits Costa Rica
A Look Back
2445 views
A Look Back
2445 views

This day in history: Pope John Paul II visits Costa Rica

The Tico Times - March 2, 2021

Tuesday is the 38th anniversary of Pope John Paul II’s visit to Costa Rica. As the first pope to visit the country,…