Thailandís Minor Hotel Group (MHG) has formed a
50/50 joint venture with Indonesia-based PT Wijaya Karya Realty on
an US$ 41.4 million development of an Anantara resort in Ubud,
Scheduled to open in 2019, the new-build
Anantara Ubud will offer a total of 70 keys including suites and
pool villas, several restaurants, a bar and pool lounge, meeting
facilities, a gym and a spa.
In addition 30 Anantara branded
residences will be developed within the resort.
Bali is one of South East Asiaís key tourism
destinations, with tourist arrivals growing annually over the past
decade. The popular town of Ubud is located in the islandís
uplands and is well known as the centre of Balinese culture and
home to many of the regionís artisans. The surrounding rainforest
and terraced rice paddies, dotted with Hindu temples and shrines,
are among Baliís most iconic landscapes.
Dillip Rajakarier, CEO of Minor Hotel Group,
said, ďWe are confident in the longevity of the island as
a hugely popular tourism destination and the addition of Anantara
Ubud will perfectly complement our existing resorts. We are
looking forward to working closely with PT Wijaya Karya Realty
going forward during the development of this new resort.Ē
MHG operates two Anantara resorts in Bali Ė
Anantara Seminyak and Anantara Uluwatu Ė and an Anantara Vacation
Club property. In addition there are currently two further
properties under development which will see the debut of MHGís
Avani and Oaks brands to the island.
See other recent
Minor Hotel Group,