Jakarta – (1) one of the top 10 fastest growing destination cities – Compound Average Annual Growth of 18.2% from 2009 and 2016* and (2) Top 5 market for Hotel Management Agreements. Ideally located in the fast growing Southern Jakarta business district, TB Simatupang, and easily accessible from the Soekarno-Hatta International Airport. Surrounded by various facilities including malls, international schools, hospitals and golf course. Good support from MICE activities by the government.
*MasterCard City Index 2017
|Type||Sale of brand new international 4-star hotel|
|Location||TB Simatupang, Jakarta|
|Land Area||3,600 sqm|
|Development Details||A 18-storey hotel development with recreation and wellness facilities, restaurants, bars, meeting rooms and a ballroom.|
|Number of Keys||150 – 170|
|Estimated Completion||Q3 2019|
* All figures are approximate or rounded off and subject to changes.