This member of the Orchidaceae family was given this name by Heinrich Gustav Reichenbach. It is found in the rainforests of Belize, Costa Rica, Guatemala, Honduras and Mexico, growing either as an epiphyte or in a well drained soil with lots of water and some sun. The pseudobulbs will grow to four centimetres, the plant up to 45 centimetres. The flowers are white with pink or purple tips.
The genera name from Latin coelia, from Ancient Greek κοιλία (koilía), meaning 'hollow place'. The species name means 'beautiful'.