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$300 Million Dollar Resort
Planned
US-based developer Global
Financial Group has announced
plans for a us$300 million
dollars (Є240m euro) resort in
Costa Rica called the Azulera
Resort Village.
Overlooking Brasilito Bay within
the Guanacaste Province on the
Pacific Coast, the centrepiece
of the 557-acre (225 hectare)
resort will be a bio-sensitive,
214-room Hyatt Regency hotel.
Other facilities will include a
Greg Norman-designed
championship golf course,
condominiums, townhouses, villas
and private luxury homes.
The luxury Hyatt Regency Azulera
hotel will be located within a
47-acre (19 hectare) tropical
forest, stretching from the
mountains to the Pacific
coastline.
The Hyatt will boast open-air
restaurants, a swimming pool
with ocean views, a fitness
centre and a holistic spa with
Pompeian-style treatment rooms,
a steam room, a sauna and
tropical gardens.
Commenting on the setting of the
resort, Hyatt Hotels
Corporation’s senior vice
president of development, Victor
Lopez, said: “Few locations
boast more spectacular
landscapes. Hyatt Regency
Azulera will provide an elegant,
yet unobtrusive retreat, where
guests can enjoy the area’s
dramatic scenery.”
Construction is scheduled to
begin in July with the first
phase of the project – the hotel
and golf course – completed by
the end of 2008.
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