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Hyatt Hotels announces plan for San José development, its first hotel in Costa Ricac

Friday, January 14, 2011

Hyatt Hotels announced that a Hyatt affiliate has signed an agreement with Hotelera Pinares, a subsidiary of Strategic Hospitality Investments Corporation, to manage Hyatt Place San Jose Pinares, a Hyatt Place hotel in San Jose, Costa Rica.

The new property, the second Hyatt Place under development in Latin America, will be part of Momentum Pinares, a mixed use commercial complex being developed on the east side of Costa Rica’s capital.

The complex will include an approximately 97,000 square foot office tower, a 48,000 square foot medical building, a movie theatre, and shopping mall with 75,000 square feet of retail space.

Original source: Hotel News Resource