Press Releases

Marriott International to Expand Luxury Portfolio in Vietnam

Marriott International, Inc. has announced the signing of agreements to open three new luxury resorts in Vietnam. The signings mark the expected debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection on the tropical paradise of Hon Thom Island in Phu Quoc. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel set for Trang An, the serene UNESCO World Heritage destination in northern Vietnam.

Eleven Acquires Owen River Lodge, Marking Their 13th Property In The Portfolio And Second In New Zealand

Eleven, a leading collection of global adventure lodges, is delighted to expand its presence in New Zealand with the acquisition of Owen River Lodge, an award-winning angling lodge in the Tasman region known for its brown trout sight fishing. Owen River Lodge becomes the 13th property in the portfolio and second in New Zealand, joining Eleven’s Cedar Lodge, tucked beneath the Southern Alps and famed for its world-class helicopter-assisted angling.

Marriott International Signs Agreement with Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City

Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja.

Club Med Signs Exclusive Partnership Agreement With Paradise Indonesia

A Memorandum of Understanding (MoU) was signed between PT. Indonesian Paradise Property Tbk. (“Paradise Indonesia”) and Vacances (s) Pte. Ltd. (“Club Med”). The signing was made between Mr. Anthony Prabowo Susilo, President Director & CEO of PT Indonesian Paradise Property Tbk, and Ms.Rachael Harding, CEO of East and South Asia & Pacific Markets at Club Med. The signing ceremony was held at Residence OnFive, Grand Hyatt Jakarta, one of Paradise Indonesia’s business units.