Punta Cacique Heralds a New Chapter in Luxury with the Opening of the Waldorf Astoria Costa Rica Punta Cacique Resort and Residences

PUNTA CACIQUE, Costa Rica--(BUSINESS WIRE)--Apr 22, 2025--

Punta Cacique, a visionary luxury resort and residential development on Costa Rica’s pristine Cacique Peninsula, in the province of Guanacaste, proudly announces the grand opening of the Waldorf Astoria Costa Rica Punta Cacique, the first Waldorf Astoria in Costa Rica. This premier property marks the beginning of a multi-phase project that will introduce a series of resorts, residences, and wellness-driven amenities, redefining what it means to visit and live at the nexus of luxury and authenticity within the expansive 600-acre development.

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Waldorf Astoria Costa Rica Punta Cacique Resort

Strategically located just 25 minutes from Liberia International Airport, which services more than 15 airlines and nearly two million passengers annually (a more than 20-fold increase since 2000), and nestled between the vibrant beach towns of Playa Del Coco and Playa Hermosa, Waldorf Astoria Costa Rica Punta Cacique offers guests and residents an unmatched blend of luxury and connection to local culture.

The property features 188 luxurious resort rooms (including 40 suites) and 40 private residences, all thoughtfully designed to harmonize with the landscape. Every guest room on the property offers breathtaking views of the Pacific Ocean and the spectacular coastline. Beyond the guestrooms, guests and residents can enjoy a multi-tiered pool, idyllic beachfront with cabanas and loungers, six distinct restaurants showcasing local ingredients, and a 17,000 square foot wellness sanctuary featuring a spa, gym, and movement studio. Dedicated kids’ and teen clubs provide engaging offerings for younger travelers.

The Punta Cacique Community

Revolution Places—the hospitality and real estate arm of Revolution LLC, a D.C.-based investment firm led by AOL Co-founder, Steve Case—first purchased the land in 2006. Revolution spent more than a decade searching for the right partners to develop the property before teaming up with Waldorf Astoria, the globally respected hospitality brand that in recent years has doubled down on delivering exceptional resorts and branded residential communities.

“When you arrive at Punta Cacique, you know immediately that you are in a special place,” said Steve Case, Chairman and CEO of Revolution Places. “The luxury and comfort level of the Waldorf, coupled with its track record of incredible service, made them the perfect partner to help unveil Punta Cacique.”

“Punta Cacique will offer the best of both worlds to guests and residents who come to Costa Rica seeking immersive luxury in a Blue Zone setting,” said Neal Herman, President of Punta Cacique. “This resort presents an opportunity to stay in a luxurious environment with unique amenities while also remaining deeply connected to the real Costa Rica. With easy access to nearby beach communities and beyond, Punta Cacique will serve as a basecamp, connecting guests and residents to exploration across the country.”

Waldorf Astoria Costa Rica Punta Cacique Residences

The Waldorf Astoria Costa Rica Punta Cacique Residences, designed by Garnier & Garnier, RoblesArq, Gensler, and EDSA, includes 20 estate homes and 20 condominium residences. With the condominium building sold out and nearing completion, the next phase—a limited collection of four- and five-bedroom estate homes—has officially launched, with the first deliveries scheduled for this summer. Each home is fully furnished and thoughtfully designed with expansive spaces, private pools, spacious outdoor terraces, and stunning ocean views. Residents will have full access to the resort and exclusive use of community amenities.

“Growing up in Hawaii, I saw firsthand how the economy evolved from agriculture to tourism, and how that transformation strengthened Hawaii’s economy and increased the value of resort real estate,” added Case. “Guanacaste is now on a similar journey, offering a rare chance to invest in an extraordinary and accessible destination, while it remains an emerging opportunity.”

To explore available residences, please visit waldorfastoriaresidencescostarica.com

Costa Rica in Demand

Brimming with wildlife, beaches, and rainforests, Costa Rica is world-renowned for its natural beauty. But what makes this Central American country 2024’s Travel& Leisure’sDestinationof the Year, and an increasingly popular hub for North American expats, goes far beyond geography. Costa Rica has emerged as a global leader in sustainability, thanks to its vast protected lands and strong commitment to sustainable travel.

Costa Rica’s year-round alignment with Central Standard Time makes it especially convenient for North American travelers, allowing for minimal jet lag whether visiting for vacation, remote work, or both. In the Guanacaste region, visitors enjoy a tropical savanna climate with a sunny dry season from December to April and a lush green season from May to November. With temperatures consistently ranging from the mid-70s to low 90s Fahrenheit (24–35°C), Punta Cacique offers a warm, inviting atmosphere throughout the year.

Beyond its natural appeal, Costa Rica boasts exceptional infrastructure. The country runs almost entirely on renewable energy, offers reliable high-speed internet and mobile coverage, and is served by two international airports—San José (SJO) and Liberia (LIR). Well-maintained roads and a reliable healthcare system further enhance peace of mind. The region’s extraordinary biodiversity—home to 5% of the world’s species—adds to its allure.

Despite its growth, Costa Rica has steadfastly preserved its genial and unhurried spirit. "Pura Vida" is more than a saying; it’s a way of life. At Punta Cacique, guests and residents can experience this ethos firsthand. Whether staying for a brief vacation or a longer stay at a residence, Punta Cacique offers a launchpad to the natural and cultural wonders of Costa Rica.

About Punta Cacique

Punta Cacique is a premier luxury resort and residential community located in the Guanacaste region of Costa Rica. Spanning 600 acres of oceanfront and hillside terrain, Punta Cacique is designed to offer a seamless blend of world-class hospitality, sustainable development, and convenient access to a wide range of authentic Costa Rican experiences. Anchored by the Waldorf Astoria Costa Rica Punta Cacique, the community will feature a curated collection of luxury resorts, private residences, and thoughtfully integrated amenities. Just 25 minutes from Liberia International Airport and adjacent to the vibrant beach towns of Playa del Coco and Playa Hermosa, Punta Cacique is a gateway to both relaxation and adventure on Costa Rica’s storied Gold Coast. Learn more at punta-cacique.com.

About Revolution Places

Revolution Places invests in unique real estate and hospitality opportunities that promote new models for travel and tourism based on healthy lifestyles, sustainable luxury, and appreciation for the natural environment. Revolution Places is part of Revolution LLC, a D.C.-based investment firm led by AOL Co-founder, Steve Case. Learn more at https://revolution.com/entity/places/.

Waldorf Astoria Costa Rica Punta Cacique Resort is the first property to open in the luxury Punta Cacique community

MELBOURNE, Australia (AP) — Early vote counting in Australia's general election Saturday suggested the government was likely to be returned for a second term.

The Australian Electoral Commission's early projections gave the ruling center-left Labor Party 70 seats and the conservative opposition coalition 24 seats in the 150-seat House of Representatives, the lower chamber where parties need a majority to form governments. Unaligned minor parties and independent candidates appeared likely to win 13 seats.

Senior government minister Jim Chalmers said the early results pointed to volatility and different contests across the nation. Opposition Sen. James McGrath expected the result would to too close to call on Saturday.

“I don't think we'll know who the next prime minister of this country is definitely tonight and there'll be a number of seats we'll not know the results this coming week or even next week,” McGrath said.

Prime Minister Anthony Albanese and opposition leader Peter Dutton will address party gatherings in Sydney and Brisbane later Saturday as the Australian Electoral Commission tallies votes. Leaders usually concede defeat and claim victory on the day of the election.

Energy policy and inflation have been major issues in the campaign, with both sides agreeing the country faces a cost of living crisis.

Dutton's conservative Liberal Party blames government waste for fueling inflation and increasing interest rates, and has pledged to ax more than one in five public service jobs to reduce government spending.

While both say the country should reach net-zero greenhouse gas emissions by 2050, Dutton argues that relying on more nuclear power instead of renewable energy sources such as solar and wind turbines would deliver less expensive electricity.

The ruling center-left Labor Party has branded the opposition leader “DOGE-y Dutton” and accused his party of mimicking U.S. President Donald Trump and his Department of Government Efficiency.

Labor argues Dutton's administration would slash services to pay for its nuclear ambitions.

“We’ve seen the attempt to run American-style politics here of division and pitting Australians against each other and I think that’s not the Australian way,” Albanese said.

Albanese also noted that his government had improved relations with China, which removed a series of official and unofficial trade barriers that had cost Australian exporters 20 billion Australian dollars ($13 billion) a year since Labor came to power in 2022.

Dutton wants to become the first opposition leader to oust a first-term government since 1931, when Australians were reeling from the Great Depression.

If Albanese wins, he'll become the first Australian prime minister to win successive elections in 21 years.

The election is taking place against a backdrop of what both sides of politics describe as a cost of living crisis.

Foodbank Australia, the nation's largest food relief charity, reported 3.4 million households in the country of 27 million people experienced food insecurity last year.

That meant Australians were skipping meals, eating less or worrying about running out of food before they could afford to buy more.

The central bank reduced its benchmark cash interest rate by a quarter percentage point in February to 4.1% in an indication that the worst of the financial hardship had passed. The rate is widely expected to be cut again at the bank’s next board meeting on May 20, this time to encourage investment amid the international economic uncertainty generated by Trump’s tariff policies.

Both campaigns have focused on Australia’s changing demographics. The election is the first in Australia in which Baby Boomers, born between born between the end of World War II and 1964, are outnumbered by younger voters.

Both campaigns promised policies to help first-home buyers buy into a property market that is too expensive for many.

Going into the election, Labor held a narrow majority of 78 seats in a 151-seat House of Representatives. There will be 150 seats in the next parliament due to redistributions.

A loss of more than two seats could force Labor to attempt to form a minority government with the support of unaligned lawmakers.

There was a minority government after the 2010 election, and the last one before that was during World War II.

The last time neither party won a majority, it took 17 days after the polls closed before key independent lawmakers announced they would support a Labor administration.

People vote at a polling booth at Sydney's Bondi Beach, Saturday, May 3, 2025. (AP Photo/Mark Baker)

A surfer carries his board as he walks past a polling booth at Sydney's Bondi Beach, Saturday, May 3, 2025. (AP Photo/Mark Baker)

Australian Prime Minister Anthony Albanese embraces his son Nathan as he arrives at a polling booth to vote in his electorate in Sydney, Saturday, May 3, 2025. (AP Photo/Rick Rycroft)

A man walks into a polling station in Brisbane, Australia, Saturday, May 3, 2025. (AP Photo/Pat Hoelscher)

Australian Liberal Party leader Peter Dutton stands with his sons, Tom and Harry and his wife Kirilly as he votes in his electorate in Brisbane, Australia, Saturday, May 3, 2025. (AP Photo/Pat Hoelscher)

Australian Prime Minister Anthony Albanese and his son Nathan place their votes in a ballot box at a polling booth in his electorate in Sydney, Saturday, May 3, 2025. (AP Photo/Rick Rycroft)

A man places his vote at a polling booth at Sydney's Bondi Beach, Saturday, May 3, 2025. (AP Photo/Mark Baker)

A sign outside the Australian High Commission in London invites people to watch the results of the Australian federal election in a pub, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)

People queue outside the Australian High Commission in London to vote in the Australian federal election, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)

People queue outside the Australian High Commission in London to vote in the Australian federal election, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)

People queue outside the Australian High Commission in London to vote in the Australian federal election, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)

A man casts his vote at a polling booth at Sydney's Bondi Beach, Saturday, May 3, 2025. (AP Photo/Mark Baker)

People vote at a polling booth at Sydney's Bondi Beach, Saturday, May 3, 2025. (AP Photo/Mark Baker)

People queue outside the Australian High Commission in London to vote in the Australian federal election, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)

People queue outside the Australian High Commission in London to vote in the Australian federal election, Friday, May 2, 2025. (AP Photo/Kirsty Wigglesworth)