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Follow on Google News | Frasers Hospitality Pte Ltd Expands Indonesia FootprintFraser Residence Menteng to be followed by six more properties in Jakarta and two in other Indonesian cities to add 1700 more serviced units by 2017
By: Frasers Hospitality Pte Ltd The hospitality arm of the Frasers Centrepoint Group plans to grow its footprint in Indonesia with the opening of another six properties in the nation’s capital by 2017. Properties outside Jakarta are also in the pipeline. In total, Frasers Hospitality will have an inventory of 10 properties and over 1700 serviced units in Indonesia. With the increased Fraser presence, travellers can look forward to enjoying 10 Gold-standard serviced residences in the Indonesian capital within the next three years. “We are very bullish on Indonesia,” said Frasers Hospitality CEO, Mr Choe Peng Sum. The Indonesian government forecasts GDP to grow 5.6%[1] (http://#_ftn1) “Our first property, Fraser Residence Sudirman Jakarta, opened in 2011 and has enjoyed occupancy exceeding 90%. We believe the Fraser Residence blend of comfort and security makes it ideal for business travellers who want a private sanctuary in the heart of the city,” added Mr Choe. As Frasers Hospitality’ Strategically located at Menteng Raya in Central Jakarta, close to Thamrin, the city’s main business district, Fraser Residence Menteng is minutes from offices of multinational corporations, key tourist sites, shopping and dining. While it is in the heart of the business district, Fraser Residence Menteng is an oasis from the hustle and bustle of the city for its guests. It offers round-the-clock security, fitness centre, indoor spa, steam and sauna, lap pool, jet and wading pool. There are also a games room and indoor children’s playroom as well as a residents’ lounge and library. Complimentary wireless Internet access is available throughout the property and the business executive can also use its meeting facilities and business services. Each residence comes fully-furnished, with separate living, dining, kitchen and bedroom areas. Contemporary and minimalist in design, each residence exudes a sense of tranquillity with full-length windows allowing an abundance of natural light to cascade into the spacious and well-appointed interiors. In addition to the three brands of Gold-standard serviced residences – Fraser Suites, Fraser Place and Fraser Residence, Capri by Fraser is Frasers Hospitality’ Frasers Hospitality is a global hospitality asset management and operations group with Gold-standard hospitality brands across Europe, North Asia, Southeast Asia, Middle East and Australia. Frasers Hospitality grew from two properties and 400 serviced residences in 1998 to 92 properties and 15,500 serviced residences in 2014. The group is on track to double its inventory to 30,000 serviced residences over the next five years. [1] (http://#_ftnref)Indonesia Forecasts 2015 GDP Growth at 5.6% [2] (http://#_ftnref) End
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