Frasers Hospitality adds ninth property in Jakarta
The group also wants to gain ground in at least five other Indonesian cities
HOTELS and serviced residences owner Frasers Hospitality Group might already be moving to ramp up its presence in Indonesia with the addition of its ninth property in Jakarta, but the group is showing no signs of slowing down as it eyes at least five other cities in the country.
The hospitality arm of Frasers Centrepoint Limited on Tuesday said Frasers Suites Kuningan, located in the prestigious Ciputra World 2 Jakarta - an iconic mixed-use development in the heart of Jakarta's Golden Triangle - is slated to open in the third quarter of this year.
The 210-unit serviced residence is the latest addition to the group and this means that it is on track to meet its target of more than 1,500 units in Jakarta by 2019.
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