Minor Hotel Group has announced its continued expansion in South East Asia with the development of Anantara Ubud Bali Resort.
MHG has formed a 50/50 joint venture with Indonesia-based PT Wijaya Karya Realty on this $41 million development. Scheduled to open in 2019, the new-build Anantara Ubud will offer a total of 70 guest offerings including suites and pool villas, several restaurants, a bar and pool lounge, meeting facilities, a gym and a spa. In addition 30 Anantara branded residences will be developed within the resort.
Dillip Rajakarier, CEO of Minor Hotel Group, commented, “We are thrilled to be announcing our third Anantara resort in Bali. We are confident in the longevity of the island as a hugely popular tourism destination and the addition of Anantara Ubud will perfectly complement our existing resorts. We are looking forward to working closely with PT Wijaya Karya Realty going forward during the development of this new resort.”
MHG operates two Anantara resorts in Bali – Anantara Seminyak and Anantara Uluwatu – and an Anantara Vacation Club property. In addition there are currently two further properties under development which will see the debut of MHG’s AVANI and Oaks brands to the island.