UAE’s Jumeirah Group invests in Bali

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Gerald Lawless, Executive Chairman of Jumeirah Group and Sukowati Sosrodjojo, Chief Executive Officer of PT Asia Pasifik Properti, at the signing ceremony for the Jumeirah Bali luxury resort.

Dubai-based hospitality company Jumeirah Group is expanding to Indonesia and will open its first luxury resort in Bali, the Jumeirah Bali, by 2015.

The group, a subsidiary of Dubai Holding, has entered a partnership with Indonesian PT Asia Pasifik Properti (APP), a division of Sosro Group, one of Indonesia’s largest beverage companies.

According to APP’s CEO Sukowati Sosrodjojo, the Bali project will have 105 luxury and 25 private villas and will cost around $150 million.

Preparation of the site south of the island’s capital Kuta is scheduled to begin in October 2012. Construction of the resort will commence in March 2013. The project is expected to take 24 months to complete.

Jumeirah’s existing property in Asia is the Jumeirah Himalayas Hotel inShanghai, China. An additional five luxury hotels are under development in China with another resort being built in Thailand, the Jumeirah Bangkok.

The group’s Executive Chairman Gerald Lawless said earlier this year that Jumeirah plans to double its properties under management globally in a 14-months period. It recently opened brand-managed hotels in Frankfurt, Rome, Istanbul, London, the Maldives and Azerbaijan and wants to expand into Mallorca and the Caribbean.

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Reading Time: 1 minute

Gerald Lawless, Executive Chairman of Jumeirah Group and Sukowati Sosrodjojo, Chief Executive Officer of PT Asia Pasifik Properti, at the signing ceremony for the Jumeirah Bali luxury resort.

Dubai-based hospitality company Jumeirah Group is expanding to Indonesia and will open its first luxury resort in Bali, the Jumeirah Bali, by 2015.

Reading Time: 1 minute

Gerald Lawless, Executive Chairman of Jumeirah Group and Sukowati Sosrodjojo, Chief Executive Officer of PT Asia Pasifik Properti, at the signing ceremony for the Jumeirah Bali luxury resort.

Dubai-based hospitality company Jumeirah Group is expanding to Indonesia and will open its first luxury resort in Bali, the Jumeirah Bali, by 2015.

The group, a subsidiary of Dubai Holding, has entered a partnership with Indonesian PT Asia Pasifik Properti (APP), a division of Sosro Group, one of Indonesia’s largest beverage companies.

According to APP’s CEO Sukowati Sosrodjojo, the Bali project will have 105 luxury and 25 private villas and will cost around $150 million.

Preparation of the site south of the island’s capital Kuta is scheduled to begin in October 2012. Construction of the resort will commence in March 2013. The project is expected to take 24 months to complete.

Jumeirah’s existing property in Asia is the Jumeirah Himalayas Hotel inShanghai, China. An additional five luxury hotels are under development in China with another resort being built in Thailand, the Jumeirah Bangkok.

The group’s Executive Chairman Gerald Lawless said earlier this year that Jumeirah plans to double its properties under management globally in a 14-months period. It recently opened brand-managed hotels in Frankfurt, Rome, Istanbul, London, the Maldives and Azerbaijan and wants to expand into Mallorca and the Caribbean.

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