Dubai Investment in Bali Tourism
Jumeirah International to Open Luxury Hotel at Pecatu Graha Bali
The State News Agency Antara reports that the Jumeirah Group (formerly known as the Jumeirah International Group) will open Jumeirah Bali - a luxury hotel and resort in Bali.
The Jumeirah Group is a Dubai-based company and part of Dubai Holdings. A jointly owned company between the Dubai government and a private Dubai business group, Jumeirah owns the world’s tallest building Burj Al Arab. They also own Jumeirah Emirates Towers, Jumeirah Beach Hotel, Madinat Jumeirah, Jumeirah Zabeel Saray in Dubai and Jumeirah at Etihad Towers in Abu Dhabi. Internationally, the group operates Jumeirah Dhevanafushi and Jumeirah Vittaveli in Maldives, Jumeirah Himalayas Hotel in Shanghai,Jumeirah Frankfurt in Germany, Jumeirah Grand Hotel Via Veneto in Rome, Pera Palace Hotel, Jumeirah in Istanbul, Jumeirah Carlton Tower, Jumeirah Lowndes Hotel in London and Jumeirah Essex House in New York.
Plans for the Bali expansion was announces by the chief executive office of PT Asia Pasifik Properti (APP) on Wednesday, August 15, 2012. APP is a division of the Indonesian Sosro Group.
APP CEO Sukowati Sosrodjojo revealed that the Bali project would have 105 luxury and 25 private villas.
The value of the hotel project is put at US$150 million and will be located on an 11-hectare lot within the Pecatu Graha Bali Development. The Hotel will offer views of Dreamland Beach and be adjacent to the New Kuta Golf Course – an 18-hole golf course designed by Ronald Frame.
Site preparation is scheduled to begin in October 2012 with physical construction of the resort will commence in March 2013. The project is expected to take 24 months to complete.
The hotel project will have three restaurants, a modern spa and fitness center. A seaside-wedding venue it also planned.