Hyatt Hotels Corp. has entered into a management agreement with Cariari Premium Outlets S.A. and affiliates for a new Hyatt Place hotel in the Heredia province in Costa Rica.
With construction expected to begin in early 2020, Hyatt Place San Jose Cariari is scheduled to open in the second quarter of 2021 and will join the already open Hyatt Place San Jose Pinares and Andaz Costa Rica Resort at Peninsula Papagayo in Costa Rica.
The 120-room hotel will be located in the mixed-use Cariari 111 Tower, less than a mile from both the recently opened Costa Rica Convention Center in the country’s most important economic center and the Juan Santamaría International Airport.
Heredia, a province located 6 miles north of the country’s capital city, is considered an extension of San Jose’s greater metropolitan area, home to one of Costa Rica’s largest universities and numerous industrial and technology businesses.
The Hyatt Place brand is growing its presence in Central America with hotels currently operating in Panama, Nicaragua and Honduras.