Hyatt Announces Plan for the First Andaz Resort in Bali
"We have worked with Hyatt for more than two decades, and continue to be very satisfied and optimistic about our current and future relationship with the Company," said Jefri Darmadi, commissioner, P.T. Wynncor Bali. "Working again with Hyatt is an honor for us, and we look forward to introducing Andaz Bali to the region."
Slated to open in 2016, Andaz Bali will be a beachfront resort designed by international architect Tierra Design, and Japanese interior design firm Spin Design Studio. The hotel will comprise low-rise clusters and pavilions set within dramatic landscaping, and will feature 144 guestrooms and villas, small intimate meeting facilities, multiple dining options, a fitness center, several outdoor swimming pools, and a spa.
About PT Wynncor
PT Wynncor is the owner of Grand Hyatt Bali and Bali Hyatt, which is currently under renovation and will be rebranded as a Hyatt Regency, and the currently under development Andaz Bali. It is a joint venture between PT Jakarta Setiabudi Internasional Tbk, JC Hotels Hong Kong, and Hyatt International Corporation. PT Jakarta Setiabudi Internasional Tbk., (JSI) established nearly four decades ago. JSI is among the top players in Indonesia's property development industry. Since it was founded by Mr. Jan Darmadi in 1975, the company has comprehensively developed its portfolio, incorporating hotels, residential, offices and townhouses, and retail properties. As of 2013, JSI managed 18 valuable properties with a total asset market value of approximately US$1.2 billion. JSI is distinguished by a visionary mindset and dynamic corporate culture, nurturing creativity, innovation, teamwork and an unconventional approach. JSI is committed to continuously delivering high growth by persistently innovating and seizing opportunities in such a dynamic business environment.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 12 premier brands and 679 properties in 54 countries, as of September 30, 2016. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents. For more information, please visit www.hyatt.com.