US Hospitality Giant Majestic Expands Latin America and Caribbean Reach with Lisette Acosta Álvarez

Majestic Hospitality, a Los Angeles-based hotel development and consulting firm, has announced the appointment of Lisette Acosta Álvarez as Director, Latin America & the Caribbean, marking an important development in the company’s international expansion strategy. The appointment has been accompanied by a new affiliate partnership with LaCosta Advisors, a hotel investment advisory group specialising in Latin America and the Caribbean. The partnership represents Majestic Hospitality’s second overseas office and strengthens its regional presence in hotel investment, property development and hospitality consulting.

Álvarez will oversee the company’s continued expansion across the region while maintaining its existing business interests and professional relationships. She succeeds Andrew Cohan, who is entering retirement, and brings experience in hospitality investment advisory, airport commercial management, tourism development and hotel project planning.

Majestic Hospitality Appoints New Regional Director for Latin America and the Caribbean

A new senior leadership appointment has been announced by Majestic Hospitality, with Lisette Acosta Álvarez being named Director, Latin America & the Caribbean.

The appointment places an experienced hospitality investment and development professional in charge of the company’s regional expansion activities.

Responsibility for existing business interests and professional relationships across Latin America and the Caribbean will also be placed under her direction.

The leadership transition follows the retirement of Andrew Cohan, who previously held the position.

Through this appointment, Majestic Hospitality’s regional operations will be supported by a professional whose career has included hotel investment advisory, tourism development and the management of complex hospitality projects.

The announcement also includes the establishment of an affiliate partnership with LaCosta Advisors.

This agreement marks the company’s second overseas office and represents an additional step in its international business development.

The combination of a regional leadership appointment and an affiliate partnership is intended to strengthen Majestic Hospitality’s ability to serve hotel investors, property owners and developers operating across Latin America and the Caribbean.

LaCosta Advisors Partnership Expands International Presence

Alongside the appointment of Álvarez, an affiliate partnership has been formed between Majestic Hospitality and LaCosta Advisors.

LaCosta Advisors is a hotel investment advisory group focused on Latin American and Caribbean markets.

The partnership represents Majestic Hospitality’s second overseas office.

Through this arrangement, the company’s international consulting presence will be extended within a region that includes established tourism destinations and developing hospitality investment markets.

The partnership connects Majestic Hospitality’s property consulting and development services with LaCosta Advisors’ regional investment knowledge.

Hotel development projects frequently require a combination of financial assessment, market understanding and operational planning.

Local regulatory requirements, property conditions and investment considerations may also influence development decisions.

Advisory firms operating within these markets can support investors and developers by providing market intelligence and project planning expertise.

LaCosta Advisors’ experience in these areas forms an important part of the new relationship.

The supplied announcement does not identify the precise location of the affiliate office or disclose financial terms associated with the partnership.

However, the formation of the agreement and its significance as the company’s second overseas office have been confirmed.

Lisette Acosta Álvarez Brings Hotel Investment Advisory Experience

Before her appointment at Majestic Hospitality, Álvarez served as founder and managing director of LaCosta Advisors.

The firm works with investors, property owners and developers involved in real estate and hospitality projects.

Its advisory activities include identifying investment opportunities, developing strategies and supporting the advancement of projects.

These responsibilities require an understanding of the commercial and operational factors associated with property development.

Hospitality investments may involve several stages before a project can proceed.

Market opportunities must be evaluated, financial considerations must be reviewed and development strategies must be established.

Regulatory requirements and operational risks may also need to be assessed.

At LaCosta Advisors, these areas have formed part of the firm’s advisory approach.

International market perspectives have been combined with local intelligence to support decision-making.

Álvarez’s experience as founder and managing director provides relevant knowledge for her new regional responsibilities.

At Majestic Hospitality, this background will be applied to the company’s existing business relationships and continued expansion across Latin America and the Caribbean.

Experience at Juan Santamaría International Airport Adds Commercial Expertise

Álvarez’s professional background also includes experience within the aviation sector.

She previously served as commercial manager at Juan Santamaría International Airport.

The airport is an important international gateway serving Costa Rica.

Commercial management within airport environments involves business activities connected with passenger services and the wider airport operating environment.

Airports are closely linked with tourism development because international air connectivity supports access to visitor destinations.

Commercial operations at major airports can therefore provide exposure to the relationship between transport infrastructure, passenger demand and tourism-related businesses.

Álvarez’s experience at Juan Santamaría International Airport forms part of her wider professional background in tourism and commercial management.

This experience is relevant to hospitality development because hotel investment decisions are often influenced by destination accessibility and transport infrastructure.

Although her new position is focused on hotel consulting rather than airport operations, her previous commercial management responsibilities provide an additional perspective on the tourism economy.

Papagayo Gulf Tourism Project Board Experience Supports Development Knowledge

Álvarez also served on the board of the Papagayo Gulf Tourism Project.

The project is associated with tourism development in Costa Rica.

Board-level involvement in tourism development provides exposure to strategic planning and the wider considerations associated with destination investment.

Hospitality projects are often connected with infrastructure, land use, environmental requirements and local economic conditions.

These factors can influence how tourism developments are planned and implemented.

Álvarez’s involvement with the Papagayo Gulf Tourism Project forms another important part of her professional background.

The experience complements her work in hotel investment advisory and property development.

Her career has therefore included responsibilities across both individual hospitality projects and broader tourism development activities.

At Majestic Hospitality, this experience will be relevant to the assessment and coordination of regional business opportunities.

No specific new development project connected with the Papagayo Gulf Tourism Project has been announced as part of her appointment.

Dozens of Hotel Projects Guided Through Development Requirements

An important aspect of Álvarez’s professional experience has been her involvement in hotel project planning.

According to the appointment announcement, dozens of hotel projects have been guided by her through feasibility assessments, permitting requirements and risk considerations.

These activities represent important stages in hospitality property development.

Feasibility assessments are used to examine whether proposed projects are commercially and operationally viable.

Such assessments may consider market conditions, development costs, demand and the characteristics of a proposed property.

Permitting processes involve the regulatory approvals required for different stages of development.

Risk assessment is also important because hospitality projects may face financial, operational or regulatory challenges.

Experience across these areas can support investors and developers when decisions are being made.

Álvarez’s work with dozens of hotel projects provides a practical foundation for her new responsibilities.

The experience is particularly relevant to Majestic Hospitality’s consulting model, which covers several stages of hotel development.

International Society of Hospitality Consultants Membership

Álvarez is a member of the International Society of Hospitality Consultants, also known as ISHC.

The organisation is associated with professional expertise in hospitality consulting.

Membership forms part of her professional credentials within the hotel advisory sector.

Hospitality consulting involves specialised knowledge across property investment, development planning, operations and market assessment.

Professionals working in this field may be required to evaluate projects from several commercial and operational perspectives.

Álvarez’s membership reflects her professional involvement within the international hospitality consulting community.

Her experience in investment advisory and hotel development provides additional context for this association.

The combination of industry membership and practical project experience forms part of the professional background brought to Majestic Hospitality.

INCAE and Cornell University Education Strengthen Professional Qualifications

Álvarez holds a Global MBA from INCAE.

She has also completed Cornell University’s hotel real estate investment training programme.

Her educational background includes specialised business and hospitality investment training.

The Global MBA provides a foundation in business administration and management.

Hotel real estate investment training is connected with the financial and commercial considerations associated with hospitality properties.

These areas of education are relevant to hotel development consulting, where investment decisions and project planning are closely connected.

Álvarez is also identified as an alumna of Cornell University’s Nolan School of Hotel Administration.

Her academic qualifications complement her experience in hospitality advisory, airport commercial management and tourism development.

Together, these credentials provide a foundation for her new leadership responsibilities.

Majestic Hospitality Provides End-to-End Hotel Development Services

Majestic Hospitality is a full-service property consulting firm providing turnkey development services to the hotel industry.

The Los Angeles-based company specialises in the development and renovation of distinctive hotels and resorts.

Its services cover several areas of hospitality property development, including design, branding and operations.

The company also maintains offices in Miami and Dallas.

According to the supplied corporate profile, Majestic Hospitality has more than $550 million in active projects.

Its consulting services are provided to different categories of clients, ranging from institutional investors to boutique hotel owners.

Hotel development projects can involve several interconnected stages.

Initial planning may be followed by design, branding, construction-related coordination and operational preparation.

The ability to provide services across these stages can support clients seeking a coordinated development approach.

Majestic Hospitality’s business model is focused on these requirements.

The appointment of Álvarez will support the extension of the company’s services and relationships across Latin America and the Caribbean.

Latin America and the Caribbean Form a Focus of Regional Expansion

Latin America and the Caribbean have been identified as important regions within Majestic Hospitality’s international expansion activities.

The appointment of a dedicated regional director establishes leadership responsibility for the company’s business interests across these markets.

Hospitality development within the region involves a wide range of destination types, including urban centres, coastal resorts and established tourism markets.

Investment requirements can differ significantly between countries and individual destinations.

Local regulations, infrastructure conditions and market characteristics may influence development planning.

For hotel investors and developers, access to regional knowledge can therefore be valuable.

Through Álvarez’s appointment and the affiliate partnership with LaCosta Advisors, Majestic Hospitality will be supported by experience in regional investment advisory and hotel project development.

The announcement does not identify specific countries targeted for new projects or provide a timetable for additional office openings.

The confirmed development concerns the leadership appointment and the formation of the affiliate partnership.

Leadership Transition Follows Andrew Cohan Retirement

Álvarez succeeds Andrew Cohan as Director, Latin America & the Caribbean.

The leadership transition has been announced as Cohan enters retirement.

The appointment provides continuity for Majestic Hospitality’s regional business interests and professional relationships.

Existing operations will remain part of the new director’s responsibilities, alongside further expansion activities.

Leadership transitions within consulting firms are particularly important when client relationships and project development activities extend across multiple markets.

Regional directors may be responsible for maintaining professional networks and coordinating business development opportunities.

Álvarez’s experience with investors, property owners and developers provides relevant knowledge for these responsibilities.

Her previous leadership of LaCosta Advisors also establishes a direct connection with the new affiliate partnership.