Tag: Kuta

  • Lippo Investment Trust to Acquire Lippo Mall Kuta in Bali

    Lippo Investment Trust to Acquire Lippo Mall Kuta in Bali

    Opened in 2013, Lippo Mall Kuta is a three-floor mall that offers 21,132 square meters to international and local tenants, such as Nike, Bata, Quicksilver, Planet Sports, Amazing Kuta, Matahari Department Store and Cinemaxx.

    Lippo Karawaci president director Ketut Budi Wijaya said the acquisition is part of “light assets program,” by which the property developer expects to increase its revenue and reduce operating cost.

    LMIRT has been listed on Singapore Stock Exchange since 2007. Its diversified portfolio of income-producing real estate in Indonesia includes 19 retail malls and seven retail spaces.

    The company had $760 million in market capitalization as of November.

     

  • Ramada Bali Sunset Road Kuta Opens in Indonesia

    Ramada Bali Sunset Road Kuta Opens in Indonesia

    Demonstrating strong and increasing interest in its portfolio of brands in South East Asia, Wyndham Hotel Group has introduced a third hotel in Bali, Ramada Bali Sunset Road Kuta, located in the heart of the vibrant Kuta district.

    Formerly the Best Western Premier Sunset Road, the 271-room property is owned by Sun Motor Group and managed by PT Wyndham Hotel Management, an Indonesian subsidiary of Wyndham Hotel Group. Ideally located close to Jalan Legian and popular Seminyak Beach, the stylish guest rooms feature contemporary décor, while suites boast separate living areas. The well-appointed facilities include a rooftop pool, gymnasium, on-site spa, meeting rooms, business centre and two distinct dining establishments.

    “Bali is one of Indonesia’s most popular destinations, attracting close to four million visitors a year,” said Barry Robinson, President and Managing Director of Wyndham Hotel Group South East Asia and Pacific Rim. “With the 2013 expansion of Ngurah Rai International Airport and this year’s four-fold increase in government spending on tourism, we believe it’s a market prime for year-on-year growth.”

    Wyndham Hotel Group is focused on strategic expansion throughout South East Asia as part of its larger global development strategy—especially as it relates to its Ramada brand. The company believes Ramada Bali Sunset Road will become a landmark hotel for visitors.

    President and Commissioner of Sun Motor Group, Imelda Sundoro said “Ramada is a globally known brand with an enviable reputation for offering exceptional experiences in some of the world’s most sought after destinations. That strong recognition, combined with the expertise and resources of a partner like Wyndham Hotel Group, made Ramada the clear choice for us as we look to grow our hospitality developments in Indonesia.”

    All Ramada hotels in Indonesia participate in Wyndham Rewards®, the simple-to-use, revolutionary loyalty program from Wyndham Hotel Group that offers members a generous points earning structure along with a flat, free-night redemption rate.

  • Kuta tourist area needs reform and management

    Kuta tourist area needs reform and management

    The tourist region of Kuta, in the Indonesian island resort of Bali, in 2016 needs reform and management in various supporting sectors such as traffic management and environmental hygiene, according to tourism practitioner Nyoman Sarjana.

    “The Kuta tourist area will face a great challenge in the future because from year to year the traffic there continues to get crowded. Therefore, the government and stakeholders in the tourism sector should all move to improve tourism in Bali, particularly in Kuta,” Nyoman remarked here Friday.

    If the iconic tourism of Bali is not properly managed, it is feared that the tourists will be bored of coming to Kuta and find another destination instead, he noted.

    a”It is because other areas in Indonesia are also managing their tourist attractions to attract more tourists,” Nyoman said, and added that foreign tourists who come to Bali feel comfortable and safe, and therefore this factor should be the priority while developing tourism.

    “Indeed, Bali is famous for art and culture since the ancient times. However, if it is not accompanied by comfort and security, domestic and foreign tourists will look for the other tourist attractions outside Bali,” he went on.

    In addition, the government and stakeholders should pay attention to hygiene, because the presence of garbage is in the spotlight in the world of tourism, he noted.

    “We have to find the solution to overcome the garbage problem in Bali, and all parties must be concerned about the environment,” he said.

    Furthermore, all parties should make every effort to keep the island resort of Bali clean and green, he added.