• Costa Rica Real Estate

Hotel chains invest in megaprojects throughout Costa Rica

May 10, 2011

Dreams Las Mareas Resort & Spa Costa Rica, Hotel Pure and Paradisus Papagayo Bay are the latest hotel projects announced for Costa Rica. The three results total an investment of approximately $300 million, according to the daily La Nación.

Dreams Las Mareas Resort & Spa, is a 5-star hotel, that will be built on a 1,500 hectare property with a $125 million investment.  The hotel will be located at La Cruz, in the northwest province of Guanacaste, and plans to open in either 2013 or 2014. Dreams Las Mareas will have 400 rooms, a spa, event halls, six restaurants and swimming pools.

Another Guanacaste hotel, Paradisus Papagayo Bay, will open in 2013 as one of the investment projects by the hotel chain Sol Meliá.

Pure Hotel, located in Sardinal in the coastal Pacific province of Puntarenas, will be a 5-star hotel that includes an 18-hole golf course. No completion date or investment numbers have been announced. The hotel will feature residential rooms, condos and cabanas on an 145-hectare resort area.

In addition, hotel chain Starwood Hotels & Resorts Worldwide is taking over the Paradisus Playa Conchal in Guanacaste, according to a press release. The hotel will be renamed the Westin Resort & Spa Playa Conchal. The 406-room resort was operated previously by the Sol Meliá hotel chain. Starwood is starting renovations on the luxury resort, which are expected to be completed in December. Starwood Hotels & Resorts Worldwide is a hotel chain with properties in almost 100 countries, according to the company’s website.

In the capital, the $6 million Studio Hotel opens in June in Santa Ana. A new $20 million Holiday Inn recently began operations in Escazú,

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