Hyatt Hotels Corporation has announced the signing of a management agreement with Caribe Hospitality affiliate for Hyatt Centric Escazu San Jose.

Slated for opening in 2024, the lifestyle hotel will introduce the Hyatt Centric brand to Costa Rica.

Representing the third Hyatt Centric hotel in Central America, it will demonstrate Hyatt’s intentional brand growth in Latin America and the Caribbean region.

Hyatt Latin America & the Caribbean development senior vice-president Camilo Bolaños said: “As Hyatt seeks further growth of its lifestyle brand portfolio in key markets that matter to our guests, World of Hyatt members, and customers, we are thrilled to team up with Caribe Hospitality to continue the expansion of the Hyatt Centric brand in Central America.

“Each Hyatt Centric property serves as a launchpad for guests to explore and discover the destination in which it resides, and we look forward to the hotel welcoming savvy travelers who are eager to immerse themselves in the vibrant Costa Rican culture.”

The 161-room Hyatt Centric Escazu San Jose is located along the Próspero Fernández Highway in Escazu and will provide modern guestrooms and suites, full-service bar and an all-day dining restaurant.

It will also have a large fitness centre, 4,000ft2 of event space, and a fully equipped coffee bar and lounge.

Caribe Hospitality CEO Daniel Campos said: “With Caribe Hospitality’s expert knowledge of the market and Hyatt’s operational excellence, Hyatt Centric Escazu San Jose is sure to be a sought-after destination for locals and travelers alike, and the perfect addition to our existing and ever-growing portfolio in Costa Rica.”