Hilton welcomed government officials and project partners last week to the Waldorf Astoria Costa Rica Punta Cacique to celebrate the property, which opened in the spring.
The resort is part of Punta Cacique, a new luxury community from Revolution Places. Managed by Hilton, the resort is owned by Revolution, Cacique Investors and Garnier & Garnier, the project’s Costa Rican developer. GFG Securities raised the equity and debt financing for the project.
Representatives of the project partners praised the property and their collaboration:
“Today, we’re proud to celebrate the opening of Waldorf Astoria Costa Rica Punta Cacique, a stunning resort that embodies Waldorf Astoria’s commitment to sincerely elegant service and once-in-a-lifetime experiences, while embracing Costa Rica’s vibrant culture and rich biodiversity,” Hilton President and CEO Chris Nassetta said at the opening celebration.
“Waldorf Astoria Costa Rica Punta Cacique sets the tone for what the Punta Cacique community is all about: timeless luxury and impeccable service, deeply connected to the natural beauty and unique culture of Costa Rica,” Steve Case, chairman and CEO of Revolution, said in a statement. “Together, we’re creating a destination that will welcome and inspire travelers for generations to come.”
“The opening of Waldorf Astoria Costa Rica Punta Cacique marks a landmark achievement for Garnier & Garnier,” said Phillipe Garnier, president and CEO, Garnier & Garnier. “This project is more than a development; it’s a legacy defined by vision, excellence, and an unwavering commitment to Costa Rica. Showcasing the brilliance of local talent and Guanacaste’s potential as a hub for investment, employment, and sustainability, every detail reflects the highest standards of technical precision, operational excellence, and environmental stewardship. We are proud to affix the Garnier seal to a project that embodies our mission: to lead, transform, and build with purpose.”
“As owners, we transformed strategy into reality by aligning Waldorf Astoria as the operator, structuring the capital stack, and maintaining disciplined execution,” said Eduardo Gruener, principal, Cacique Investors. “Looking ahead, Waldorf Astoria Costa Rica is poised to deliver exceptional guest experiences that reflect a true sense of place, while standing on a platform designed for long-term resilience and success.”
“At the ownership level, we led the capital formation and committed the equity required to bring the Waldorf Astoria Costa Rica to fruition,” said Mauricio Gruener, principal, Cacique Investors. “We take great pride in this achievement and in witnessing the hotel uphold the Waldorf Astoria standard of impeccable service, refined design, and attention to detail, while at the same time fostering skilled employment and reinforcing the strength of Costa Rica’s hospitality sector.”
Waldorf Astoria Costa Rica Punta Cacique has six regionally inspired dining venues, a multilevel pool, kids and teens clubs, a 17,000-square-foot spa and fitness center and 10,000-square-feet of meeting space.