costa rica gencom auberge

Gencom Buys Auberge Resort in Costa Rica

By: Caribbean Journal Staff - December 3, 2019

The Hacienda AltaGracia, Auberge Resorts Collection, a luxury resort in Costa Rica, has been acquired by hospitality investment firm Gencom. 

The property, which aligned with Auberge Resorts Collection in 2015, is the latest in a series of expansion moves by the Miami-based company. 

Gencom’s portfolio includes the development of the Peninsula Papagayo resort community in Costa Rica, which includes a Four Seasons and an Andaz-branded resort. 

“Gencom is thrilled to purchase this beloved Costa Rican property with an unparalleled setting and unique identity,” said Karim Alibhai, founder and principal of Gencom. “As a stunning hideaway that celebrates Costa Rica’s natural beauty, the purchase of Hacienda AltaGracia aligns with our team’s focus on acquiring exceptional hospitality assets in compelling locations across the globe.”

The resort is comprised of 50 “casita-style” units, all with views of Costa Rica’s San Isidro Valley. 

It also features a 20,000-square-foot spa and wellness center with a pool, a fitness center and 10 treatment rooms. 

“Similar to our approach with Peninsula Papagayo, Gencom will build off of the natural surroundings and local community to carry out a business plan focused on creating authentic and extraordinary experiences for its guests, while being a steward of the environment and local community through sustainability practices,” said Donald McGregor, Gencom’s managing director for its Peninsula Papagayo investment and Gencom’s Latin America division.

The resort is about 45 minutes from San Isidro Airport in Costa Rica. 

For more, visit Hacienda AltaGracia.

— CJ

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