Mohari Hospitality Becomes Sole Owner of Peninsula Papagayo

PENINSULA PAPAGAYO, Costa Rica--(BUSINESS WIRE)--Mohari Hospitality (“Mohari”), a global investor focused on the ownership and long-term development of luxury hospitality assets, today announced that it has acquired Gencom’s 30% interest in Peninsula Papagayo, becoming sole owner of the destination following a successful decade of joint ownership. The transaction reinforces Mohari’s conviction in Peninsula Papagayo, a cornerstone of its global portfolio, deepens its commitment to Costa Rica and

PENINSULA PAPAGAYO, Costa Rica--(BUSINESS WIRE)--Mohari Hospitality (“Mohari”), a global investor focused on the ownership and long-term development of luxury hospitality assets, today announced that it has acquired Gencom’s 30% interest in Peninsula Papagayo, becoming sole owner of the destination following a successful decade of joint ownership. The transaction reinforces Mohari’s conviction in Peninsula Papagayo, a cornerstone of its global portfolio, deepens its commitment to Costa Rica and