Indonesia: The Ascott Limited has opened the 186-unit Citadines Royal Bay Makassar, its first property in the city.
The property is Ascott‘s eighth operational property in Indonesia – the company plans to open five more serviced residences from this year to 2019 in Jakarta and new cities such as Bandung and Yogyakarta as well as Karawang regency.
Kenneth Rogers, Ascott’s regional general manager for Indonesia and Australia, said: “Ascott has been managing international-class serviced residences in Indonesia for more than 20 years. Opening our first property in Makassar, Citadines Royal Bay Makassar, will enable us to extend Ascott’s reach to more customers as we provide another quality accommodation option for leisure and business travellers. A popular tourist destination and business hub for meetings and conferences, Makassar is one of the top 10 provinces in Indonesia with the highest economic growth.”
“Corporate travellers will appreciate the prime location of Citadines Royal Bay Makassar in the city centre as well as the business-friendly amenities such as meeting rooms and a business centre. Tourists visiting Makassar will also be spoilt for choice with the famous Losari Beach just a few minutes’ walk away and various shopping centres close to the serviced residence. Our Citadines serviced residences in Jakarta and Bali have been well received, with occupancy rates above 80%. With a third Citadines in Makassar, we will be able to cater to the growing demand from savvy independent travellers who want the flexibility to customise their stay experience by choosing the services they desire,” he added.
“Southeast Asia’s third largest economy, Indonesia, continues to offer tremendous opportunities for serviced residences. Ascott currently has a portfolio of 13 serviced residences with over 2,300 units across Indonesia. Soon after Citadines Royal Bay Makassar, we are slated to open Somerset Kencana Jakarta in June 2017, and four more properties will open across Indonesia in the next two years,” said Rogers.</p