Hyatt to Manage Andaz Papagayo in Costa Rica

Hyatt Hotels Corporation and Hotelera Playa Sombrero S.A., a Costa Rican development company, announced that a Hyatt subsidiary and Hotelera Playa Sombrero have signed a management agreement for the 150-room Andaz Papagayo. Slated to open in 2013, the new Andaz hotel will be located in the community of Península Papagayo, Costa Rica’s residential resort destination.

This 2,223-acre master planned development is located on a jagged pair of peninsulas, along the Pacific coast in the northwest province of Guanacaste. This project will represent the first resort location for Hyatt’s new Andaz brand and represents its initial foray into Latin America.

Situated on a 28-acre parcel of oceanfront, adjacent to Marina Papagayo, Andaz Papagayo will feature a variety of amenities including two restaurants, a beach club, spa, and fitness center. The newly opened Marina Papagayo offers 180 slips, and a full menu of boating services catered primarily to the yachting community.

Additionally, guests will have access to many of the leisure amenities on Península Papagayo, including an 18-hole Arnold Palmer championship golf course. The marina village will also feature retail shops and additional restaurants. Andaz Papagayo will be located approximately 20 minutes from Liberia International Airport (LIR), which offers daily or frequent service from several major U.S. gateway cities.