Yesterday, the Trump Hotel Collection reached an agreement with the MNC Group, an Indonesian investment firm, to manage a six-star luxury resort and residential development in Bali. The property will be the Trump Hotel Collection’s first resort in Asia.
Built atop a sheer cliff along a coastline, the development will overlook the Indian Ocean and Tanah Lot.
Following the recent visit of an MNC Group delegation to New York City, Donald J. Trump and Hary Tanoesoedibjo hosted the official signing ceremony on Friday, August 14.
Established in 1989, MNC Group engages in financial investments and focuses on three strategic fields, such as Media, Financial Services and Property. With a portfolio of 14 hotels, the Trump Hotel Collection is set to open four hotels next year in Washington D.C., Rio de Janeiro, Vancouver and Baku.