Costa Rica: Holiday Inn Escazú to Begin Construction in October
This is the first of seven hotels that Agrisal Group, in partnership with InterContinental Hotels Group, expects to build in Central America.
Wednesday, May 6, 2009
The 10,000 square meter hotel will have 163 rooms, and it is expected to start operations in 2010.
The project, by the Salvadoran Agrisal group, required an investment of $20 million and will be inaugurated this week in Escazú.
Holiday Inn Escazú will open its doors in 2010, while Courtyard Marriot Alajuela will do it in 2012.
Agrisal is planning the construction of a new hotel, as well as extending the conventions center located at Hotel Radisson.
The hotels division of the El Salvador-based conglomerate Grupo Agrisal spends to invest US$70 million in Central America over the next seven years, the division's chief executive Eduardo Quiñónez said.
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