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Jul 18

Margaritaville Meets Pura Vida as Buffett Sets His Sights on Costa Rica


In Flamingo, Costa Rica you will not only find a great beach but soon you’ll be able to get a cheeseburger in paradise. Surrounded by white sand on the Pacific Coast of Guanacaste Costa Rica, Flamingo Beach Resort & Spa is soon to become an oceanfront paradise owned by Jimmy Buffett and Driftwood Acquistions & Development Company.

The resort offers 120 spacious guestrooms and suites, along with a full range of activities for eco-tourists, families, couples and more. In addition to its location on the Blue Flag-certified ecological Flamingo Beach but nearby activities range from scuba diving and deep-sea fishing to jungle canopy tours and day trips to the famous Arenal Volcano and amazing waterfalls.


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Margaritaville partnered privately held investment firm Driftwood Acquisitions & Development, which specializes in the acquisition and development of hotel assets. Both properties will remain open during the various phases of rebranding. Renovations are expected to commence immediately and will incorporate Margaritaville’s signature ‘casual-luxe’ design elements.

The company has announced the re-branding of the Flamingo Beach Resort and Spa in Guanacaste, Costa Rica, in partnership with Driftwood Acquisitions & Development.


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We are thrilled to combine the fun and escapism of our brand with these iconic locations, and provide additional opportunities for our guests to relax and have a great time, which is what we are all about. – John Cohlan, CEO, Margaritaville


“It’s a dream come true for us to partner with Margaritaville, as we help to rebrand Tan-Tar-A and Flamingo Beach,” said Carlos Rodriguez, chief executive officer of DAD. “The Tan-Tar-A acquisition has helped us reach our 2017 growth goal already, just halfway through the year, and Flamingo Beach has been near and dear to my heart for a very long time.  We’re excited to get underway, working together with the Margaritaville team to help travelers create unforgettable memories in the Midwest and Costa Rica.”

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Costa Rica scores another development victory and brand name to add to growing list popular flag hotels such as Sheraton, Hyatt, RUI, Marriott, JW Marriott and Four Seasons. With tourism on the rise, hotel rates up Costa Rica is still in need of more 4 and 5-Star boutique hotels for a unique and personalized travel experience in the land of Pura Vida.

Article Originally on Costa Rica Development Properties, Land & Hotels



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