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Six Senses Hotels Resorts Spas, a hospitality company known for its plush luxury resorts in Asia, has reached a deal with a Miami-based real-estate investor for its first property in Central America.

The hotel operator has agreed to manage the Aqua Wellness Resort on Nicaragua’s Pacific coast. The property is owned by investorOphir Sternberg, whose firm Lionheart Capital LLC is nearly doubling the number of villas and rooms to 110 units. Lionheart Capital is in talks to acquire two more sites in Nicaragua and is in discussions with Six Senses to manage those properties, too.

Read the article at the Wall Street Journal.