Marriott International, Inc. (Nasdaq: MAR) announced today a signed agreement with Solana PA, S.R.L. to debut the iconic St. Regis Hotels & Resorts brand in Costa Rica. The development of this visionary project, which will span 20 hectares on the Gulf of Papagayo in the Guanacaste region, is expected to begin in July of this year, with a planned opening in early 2027.
Inspired by the local culture and its ocean surroundings, the new-build St. Regis Papagayo is slated to feature 120 hotel rooms and 143 residential units, offering unequaled luxury experiences for guests and residents alike. The hotel expects to offer six distinct culinary venues, including Casa Club for casual gourmet dining; The Cliff, inspired by Japanese and Costa Rican influences; a Beach Club & Grill; and the signature St. Regis Bar & Speakeasy. Other planned amenities include the St. Regis Library, multiple swimming pools, a spa, an exclusive beach club, and 7,750 ft2 of indoor space and 2,475 ft2 of outdoor space for meetings and banquets space for celebrations and exquisite gatherings.
Strategically located between Panama Bay and Culebra Bay, just 25 minutes from Liberia International Airport, the St. Regis Papagayo will offer 634 linear yards of beachfront and breathtaking views of the Gulf of Papagayo. The resort will expand the luxury enclave in Papagayo, further solidifying the area’s reputation as a premier luxury.
This new project arrives at a time of significant potential for luxury experiences in Costa Rica. The esteemed Mexican architecture firm, Sordo Madaleno, will bring this vision to life. They are currently designing several luxury resort projects with Marriott, including the St. Regis Costa Mujeres and a dual-brand luxury development in Costa Mujeres.
Promising maximum luxury and comfort in every detail, Gensler Mexico City has been selected as the principal interior design firm. Maat Handasa will lead the landscape architectural project, TalentChef will act as a food and beverage consultant, and Ana Ramirez of Ancestral Handmade Hotels will contribute her expertise as a wellness consultant. GFG Securities LLC advised Solana PA, S.R.L. in the negotiation of the St. Regis agreements and the successful debt raise for the project.
The St. Regis brand in currently features six landmark hotels and resorts across the CALA region. The St. Regis Papagayo marks a significant milestone in Marriott’s luxury expansion in Costa Rica, as the company debuts the timeless elegance and innovative spirit of The St. Regis brand to the country, offering guests unparalleled experiences in this stunning destination.
The St. Regis Papagayo
Guanacaste Province, Costa Rica
