InterContinental Hotels Group (IHG) and PT Duta Anggada Realty signed an agreement to develop Holiday Inn & Suites Jakarta Gajah Mada, adding to IHG's growth in Indonesia.
Located in the Jalan Gajah Mada in North Jakarta, the 447-room Holiday Inn & Suites Jakarta Gajah Madah will have both hotel rooms and serviced apartments for guests who want to book extended stays at the hotel. The mixed-use development is opposite the LTC Glodok Mall, near Jakarta's Central Business district, providing easy access to Jakarta International Airport.
Holiday Inn & Suites Jakarta Gajah Mada is expected to open in 2015.
Based in Jakarta, Duta Anggada Realty Tbk is one of the country's leading property developers and is under Duta Anggada Group. The company developed properties in Jakarta, including condominiums, Citywalk Sudirman and Chase Plaza along Jalan Sudirman.
IHG has a portfolio of nine hotel brands, including InterContinental Hotels & Resorts, Hotel Indigo, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels and HUALUXE Hotels & Resorts. IHG franchises, leases, manages or owns over 4,600 hotels and 679,000 guest rooms in nearly 100 countries and territories. The company has more than 1,000 hotels in its development pipeline.