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“Golden Tulip Jineng Resort Investor Gathering & Signing Ceremony”

December 10, 2015 Hotel Developments No Comments Email Email

In an effort and a manifestation of the commitment between PT Angkasa Pura Properti and PT Wika Realty to build Tamansari Jineng Condotel at Sunset Road Kuta Bali, a signing ceremony of Hotel Management Agreement was held today with part of Louvre Hotels Group, Golden Tulip Indonesia, The agreement was signed by Mr. Miduk Sitomorang, President Director of PT.

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Left to right, Novrihandri-Finance and IT Director PT Angkasa Pura I, Mark Van Ogtrop- Managing Director South East Asia for Louvre Hotels Group, Miduk Situmorang-President Director Angkasa Pura Properti, Imam Sudiyono-P.

Angkasa Pura Properti and Mr. Mark Van Ogtrop, Managing Director South East Asia for Louvre Hotels Group in a series of “Investor Gathering and Signing Ceremony” event.

This Hotel Management Agreement is the first step of Tamansari Jineng Condotel to be operated by Golden Tulip as a 4-star Golden Tulip Jineng Resort Bali. Ideally situated at the southern terminus of the famous Sunset Road in Kuta, and a mere 10-minute drive from Ngurah Rai International Airport, the resort offers convenient access to all of South Bali’s attractions and within close distance to some of Bali’s most popular shopping centers – Bali Galeria Mall, Duty Free Shop and Lippo Plaza Sunset. The hotel is scheduled to open Q1 of 2016.

“We are very happy because today our investors and potential investors can see our strong commitment to quality in choosing Golden Tulip as our hotel operator who will ensure the highest levels of hospitality for our guests. Also, in our daily operations, Tamansari Jineng will be overseen by an independent asset manager, this is a big commitment from us to ensure that we give the best return to our investors,” said Miduk Situmorang, Managing Director of PT. Angkasa Pura Properti.

Being the twelfth property in Indonesia for Louvre Hotels, Golden Tulip Jineng Resort Bali offers versatile meeting rooms, wedding facilities, 189 well-appointed rooms and suites. The resort also features two themed restaurants, lounge, spa, yoga studios, gym, kid’s club, landscaped pools completed with underwater soundsytem as well as an amphitheatre A multi function place suitable for evening cultural performances such as Balinese traditional dance , night market and themed buffets. The hotel’s overall design is based on the rejuvenating, serene concepts of Balinese culture blended with Eastern philosophy, which are intricately woven into the fabric of the resort itself.

“We are very pleased to enter into this agreement for the management of Golden Tulip Jineng as it will have a very special position in Bali. It promises to be a leading hotel on the Sunset Road and will really stand out among the other properties in the area. The design and facilities are unique and specially developed in order to offer a quite different experience to hotel guests and a very nice local design which surely will be very well received in Bali,” said Mr. Mark Van Ogtrop, Managing Director South East Asia for Louvre Hotels Group.

Mr. Franck Naulleau, General Manager of Golden Tulip Jineng Resort Bali commented “we are delighted to have signed this management agreement and we strongly believe that the combination of deep cultural heritage and modern comfort will enhance the guests’ ‘localization’ experience. This is aligned with our aspiration to offer guests an international-standard hotel with tasteful local flavour.”

The Tamansari Jineng Condotel that will be operated under the Golden Tulip Jineng Resort brand is built to the highest specifications of quality on 1.2 acres of land. Marketed on a fully furnished basis with several different types from the Standard studio (35 m2) to the Presidential Suite (141 m2), the property is sold starting from Rp. 1.7 billion to Rp. 9 billion.

In addition to the signing of the Hotel Management Agreement, a lease signing was also held between PT. Angkasa Pura Properti and the investors, creating a great moment to increase the confidence towards the condotel units that have been purchased by the investors as well as adding an excitement to invest in the Tamansari Jineng Condotel, as the best investment on the island.

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