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Aston Signs favehotel in Bogor

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Aston has signed a favehotel in Bogor, Indonesia.

The new select service hotel will open in June 2012 and be adjacent to Bogors busiest mall, Botani Square. The 2-star hotel will feature 135 guest rooms and family suites, a caf shop and 6 meeting rooms to serve the mid week meeting and conference market out of Jakarta.

Aston Internationals Vice President of Sales & Marketing, Mr. Norbert Vas, said, Since its inception in 2009, favehotel has developed into the undisputed lead brand for budget hotels in Indonesia and afar. The hotels currently in operation are running occupancies in the high ninetys and are delivering fantastic financial returns while at the same time getting positive reviews from customers. The brand is positioned to play a dominant role in SE Asia and appeals to a wide range of travelers making it a safe bet for hotel developers. Jakarta already has 3 faves under construction and plenty of room for more while other larger cities such as Jogjakarta, Surabaya and Solo will also have multiple faves. Bali alone, with its growing regional demand for international standard budget hotels, has already five favehotels on the drawing board and further faves are being built in Tangerang, Serpong, Makassar, Langkawi Malaysia and Alabang Philippines.

There are currently 2 favehotels in operation in Denpasar, Bali and Surabaya and another 15 under development with the next opening scheduled for April 2011 in Seminyak, Bali.

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