Industry News Overseas

Mixed-use development for IHG

Mixed use development- InterContinental Jakarta Pondok Indah Hotel & Residences- IHG

IHG has announced the signing of InterContinental Jakarta Pondok Indah Hotel & Residences.

Scheduled to open in 2015, the hotel is being constructed in partnership with PT Pondok Indah Hotel, a subsidiary of public listed PT Metropolitan Kentjana Tbk.

The 480-key property will be IHG’s inaugural mixed-use development in Indonesia and will join a list of prestigious hotel and residence properties that the group has across the region, including InterContinental Asiana Saigon, InterContinental Dubai Festival City, InterContinental Doha The City, and the upcoming InterContinental Osaka in 2013.

Currently under construction, the InterContinental Jakarta Pondok Indah Hotel & Residences comprises approximately 300 hotel rooms and 180 serviced residences. Centrally located in the affluent Pondok Indah district of South Jakarta, which also adjoins the Pondok Indah Mall 2, the property will have convenient access to up-market shopping malls, growing commercial office towers, international schools, hospitals, a waterpark and world-class championship golf facilities. The neighbouring area will also welcome a convention and exhibition centre in the future.

President Director of the PT Metropolitan Kentjana Tbk,Husin Widjajakusuma, said:

“We are thrilled to work with IHG to introduce its maiden hotel and residences project in Indonesia. Located in one of the most sought after addresses in the city where there is a strong pent up demand for upscale accommodation, we are positive that InterContinental Jakarta Pondok Indah Hotel & Residences will cater to this growing segment and stimulate the hospitality industry in the country.”

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