Global Financial Group announces plans to develop $300 million luxury resort village in Guanacaste Province, Costa Rica SAN JOSE, Costa Rica – June 12, 2006 – Global Financial Group, Morristown, NJ, has announced plans to develop Azulera Resort Village in Guanacaste, Costa Rica. The company revealed their plans on May 18 in San Jose, Costa Rica, before an audience of 170 leading Costa Rican government officials and dignitaries, including newly elected President Oscar Arias. The $300-million resort village will overlook Brasilito Bay on the Pacific Coast, 40 miles from the international airport in Liberia. Spanning 557 acres (225 hectares), the community will feature the Hyatt Regency Azulera Resort & Spa, a Greg Norman-designed championship golf course, shops, condominiums, townhouses, villas, and private luxury homes. In addition, there will be a commercial village strip, which will offer residents access to the finest goods and services in a convenient and secure setting. “We have assembled a dream team of designers, architects and hospitality companies, whose portfolios include some of the world’s most celebrated resort destinations and golf courses,” said Anil Kothari, president and chief executive officer of New Jersey-based Global Financial Group. With a collaboration of this caliber, Azulera will be the premier resort community on Costa Rica’s Pacific Coast.
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