Hyatt Announces Plans for Hyatt Regency Sentul City
Tuesday December 17th, 2013 - 10:15AM BO
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SENTUL CITY, INDONESIA—A Hyatt Hotels Corporation affiliate has entered into a management agreement with PT Eka Ilalang Suryadinamika for a Hyatt Regency hotel located here. Hyatt Regency Sentul City will be the sixth Hyatt-branded hotel in Indonesia.
Ratnesh Verma, SVP, real estate and development, Asia Pacific for Hyatt Hotels & Resorts, stated, “The first Hyatt hotel opened in the Indonesian market more than 30 years ago, and we are very excited to further build on Hyatt’s strong brand equity and excellent portfolio of hotels in the country.”
Hyatt Regency Sentul City will be located less than 25 miles south of Jakarta. The property will feature an outdoor pool, a spa and a host of meeting space. The 225-room hotel will be part of a mixed-use complex, which will be comprised of a 240,000 sq. ft. retail mall and 212,000 sq. ft. of office space.
Expected to open in 2017, Hyatt Regency Sentul City will join five existing Hyatt-branded hotels in Indonesia, including Grand Hyatt Bali, Grand Hyatt Jakarta, Hyatt Regency Bandung, Hyatt Regency Yogyakarta, and Hyatt Regency Bali, which is currently under renovation and will be rebranded from Bali Hyatt.
Tags: Hyatt • Hospitality • Brands • Management Companies •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.