Regent Hotels & Resorts (晶華麗晶酒店) has signed a management agreement with Southeast Asian developer KG Global Development Co to run a luxury hotel and serviced apartments in the heart of Indonesia’s capital, Jakarta, the hotelier said in a statement yesterday.
IN PARTNERSHIP
The planned hotel and residences are the second project of its kind for Regent after Regent Porto Montenegro in Europe, the statement said.
The property, due to be completed by 2018, also marks the brand’s return to Jakarta after a decade, the statement said.
SENTIMENTAL
“Jakarta is not just a part of our business development plan, the city also has tremendous sentimental value to Regent,” Regent Hotels and Resorts chairman Steven Pan (潘思亮) said.
Regent started in Asia and once owned a property in Jakarta, Pan said.
As a result, Regent is excited about its return to the Indonesian city through a partnership with KG Global, he said.
LUXURY
Regent Jakarta is to be part of Mangkuluhur City, a mixed-use development project comprised of a luxury hotel, serviced residences and business offices, the statement said.
With 54 rooms and 72 suites, Regent Jakarta is also to house three international dining revenues, a grand ballroom, multifunctional meeting rooms, a day spa, a swimming pool and a fitness center, the statement said.
LOCATION, LOCATION
Regent Jakarta aims to attract a mix of domestic and international travelers to its central location, the statement said.
Regent Residences Jakarta is to include 87 apartments with between three and four bedrooms on the 37th floor, the statement said.
In addition, there is a full-floor penthouse with private swimming pool.
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