Hyatt to invest $70 million to launch Andaz for Ecodesarrollos Península Papagayo

Associates in Costa Rica’s Ecodesarrollos Península Papagayo are going to have an early Christmas present.

They have been told that early next year a new hotel is to be built at the Papagayo complex.

Hyatt will be opening its newest hotel under the Andaz brand, reserved for such premium locations as London, Wall Street and the Fifth Avenue. Investment in the resort is expected to reach $70 million.

Original source (in Spanish): La República