Starwood signs Management Contract for New Build St. Regis Hotel in Jakarta

Starwood has signed an agreement with Duta Anggada Realty to manage the St. Regis Hotel & Residences, Jakarta. Located on Jalan Jendral Sudirman – also known as Jakarta’s Wall Street – the newly built property will be ideally positioned to serve the city’s bustling business community. The St. Regis Hotel & Residences will offer 170 guest rooms and 284 whole-ownership residential units when it opens in 2011.

As the economic and political capital of Indonesia, Jakarta is known for its cosmopolitan flair and diverse blend of cultures. One of Asia’s most exciting and most densely populated metropolises, Jakarta is also the principal gateway to the rest of Indonesia. Top tourist attractions include the National Museum, the extravagant Istiglal Mosque, and the city’s most famous landmark - the National Monument. Avid shoppers can also delight in the vast selection of designer labels in Jakarta’s numerous mega-malls, while more adventurous travelers can explore the city’s traditional markets, which offer everything from produce and poultry to handcrafts and gold trinkets.

Designed by the internationally recognized American architect, Richard Keating, the St. Regis Hotel & Residences, Jakarta will offer convenient access to both the business district centered around Jalan MH Thamrin and the upscale residential district of Kebayoran Baru. With a highly coveted address on one of Jakarta’s most prestigious streets in the financial district, the St. Regis Hotel & Residences, Jakarta will be close to a variety of international banks, multinational companies and embassies. The development comprises a mixed-use complex that consists of the hotel, residences and office space. The St. Regis Hotel & Residences, designed by Dimazo Kato Partnership, will be located in two towers next to the hotel.

“The strategic location of the project in the heart of Jakarta, combined with the uncompromising, bespoke service of the St. Regis brand, will make this property an extremely attractive choice for the world’s most discerning travelers,” said Ross Klein, President, Luxury Brand Group. “Offering premium hotel accommodations and luxurious residences, The St. Regis Hotel & Residences, Jakarta will be a welcome addition to the city’s booming financial district, helping meet the surge in demand from multinational corporations as well as Jakarta’s growing numbers of tourist arrivals.”

Facilities at the St. Regis Hotel & Residences, Jakarta will include more than 5,000 square feet of meeting space, an all day dining restaurant, a specialty restaurant, a health club, swimming pool, business center, and a Remède Spa occupying over 8,500 square feet. In addition, owners will enjoy access to all of the signature services and amenities offered at the hotel.

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