Mohari Hospitality Becomes Sole Owner of Peninsula Papagayo

Mohari Hospitality Becomes Sole Owner of Peninsula Papagayo

Acquisition of Gencom’s interest extends Mohari’s decade-long investment in one of the world’s most distinctive luxury resort and residential destinations

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260717785741/en/ Peninsula Papagayo sits on Costa Rica's North Pacific coast. It spans 2,200 acres of largely unspoiled land, bordering the UNESCO-recognized Área de Conservación Guanacaste — one of the most biodiverse regions in the Americas.

The transaction reinforces Mohari’s conviction in Peninsula Papagayo, a cornerstone of its global portfolio, deepens its commitment to Costa Rica and positions the destination for its next phase of long-term investment and development under Mohari’s ownership.