JLL's Hotels & Hospitality Group Facilitates $111 Million Sale of Iconic Tabacón Thermal Resort & Spa in Costa Rica

Reuters
07/18
JLL's Hotels & Hospitality Group Facilitates $111 Million Sale of Iconic Tabacón Thermal Resort & Spa in Costa Rica

Jones Lang LaSalle Inc. $(JLL)$'s Hotels & Hospitality Group has successfully facilitated the $111 million sale of Tabacón Thermal Resort & Spa, a premier luxury wellness destination in Costa Rica. The transaction, completed on July 16, 2025, saw Pursuit Attractions and Hospitality, Inc. acquire the iconic property, located in the thriving La Fortuna region at the base of the Arenal volcano. Spanning 570 acres of lush rainforest, the resort includes the 105-room Tabacón Hotel, the expansive Tabacón Hot Springs, and a world-class open-air spa. JLL's team, led by Senior Managing Director Andrew Dickey, Senior Director Maciej Polek, and Vice President Derek Hayden, represented the seller in this landmark deal, highlighting the property's significant upside potential amid Costa Rica's booming tourism industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on July 16, 2025, and is solely responsible for the information contained therein.

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