Regent Announced Luxury Hotel in Papagayo
Regent Hotels, known for its highest standards of luxury hospitality, yesterday announced plans for a 50.000 square metre development in Punta de Papagayo (Guanacaste) with an investment of us$100 million dollars for a luxury hotel and residence for high end tourists.
The project named "La Punta del Papagayo" is being designed by Ronald Zürcher who will maintain a typical Guanacaste look.
Costa Rican president, Oscar Arias, was accompanied by his brother, the ministro de la Presidencia, Rodrigo Arias; the ministro de turismo (tourism minister), Carlos Ricardo Benavides; the director of the project, Jack Westergom, and the president of Regent Hotels, Mark Conroy.
Conroy and other Regent officials present expressed their gratitude for the support they received from the government for their project, that is scheduled to open in 2009, employing some 700 local people that include professionals and labourers, that represent an important income for the Papagayo region.
The hotel will have 150 rooms that will be designed to offer the most in luxury and privacy.
The project will also include 90 condominiums residences or two and three bedrooms and 18 private homes that will be offered for sale or rent with hotel services.
The Regent project will add to the existing Four Seasons hotel.
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