Costa Rica: $25 Million for 2 New Hotels

"Fashion Hotels", an Austrian chain, will open one of the hotels in Puerto Viejo this month and the other in Manuel Antonio in July.

Friday, April 17, 2009

The hotel that is located in Puerto Viejo is named Le Caméléon and it required an investment of $5 million. The one that is being built in Manuel Antonio is named The Ocean and it will cost $20 million.

La Nación of Costa Rica published on its website: "Fashion Hotels is a newly formed company, which chose to open its first two hotels here, while also building an establishment that will open in Jumeirah, Dubai, in December and another in Lombock, Indonesia, whose inauguration is scheduled for April 2010."

More on this topic

New Marriott Resort in Panama

July 2011

Situated on the Pacific, 55 kilometers from Panama City, will be the new Panama Marriott Resort Casamar, a 5 star hotel with 180 rooms in several interconnected buildings.

A press release from Marriot International reads:

Marriott Hotels & Resorts have announced plans to develop a 180-room hotel in the resort community Casamar on the Pacific coast of Panama.

SUU Hotels Enters Costa Rica

June 2010

In August, the Asian hospitality chain will inaugurate a hotel in Manuel Antonio, in the pacific coast.

The 28-room hotel features a natural theme, and has been categorized as a small, luxury hotel.

“The Costa Rican location will be the company’s second, and it plans to open a series of hotels in the medium term.

Nikki Beach Hotel Project in Panama

June 2009

With an investment of $60 million, the opening of the 6-star, luxury hotel with 300 rooms is planned for 2012.

The condo-hotel project developed by RG Inmobiliaria will feature a casino, a heliport, and a luxury spa, among others. It is already in the pre-sale stage.

According to, Maruquel Gálvez, Representative of RG Realty, said: "We did an architectural and engineering redesign, because when the project was launched in November 2008, we had plans for 156 rooms and it was changed at that time to 300 rooms. The redesign took over six months."

$35 million to be invested in Bristol Buenaventura Hotel in Panama

October 2008

The project which will be inaugurated in February 2009 will be a luxury tourism proposal on the east side of the Canal, specifically in the province of Cocle.

Businessman, Alberto Vallarino, president of the board of directors of the Buenaventura Tourism Development, explained that the project will fill the need, in said area, for an exclusive hotel.

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