Trump Hotel Collection has signed a management
agreement with one of Indonesia’s leading investment groups -
MNC, for a luxury resort and residential development in Bali.
Located on the southwest coast of Bali, the
property will be the Trump Hotel Collection’s first resort in
Asia.
Built
atop a sheer cliff along a sweeping coastline, the development
will offer views of the Indian Ocean and Tanah Lot, one of the most popular tourist and cultural icons
of Bali.
Construction of the hotel is expected to
commence in 2016.
“As we
continue to strategically grow the Trump Hotel Collection, we seek
only the world's most desirable destinations. Bali is consistently
voted as one of the world’s best islands and is one of the best
resort and residential destinations globally,” said Donald Trump
Jr., executive vice president of development and acquisitions of
The Trump Organization. “This is an exciting time for Trump Hotels
and we are honored to announce our expansion into Asia and bring
to market an extraordinary luxury property.”
The Trump Hotel Collection is one of the fastest growing luxury
hotel companies in the world with hotels in New York, Chicago,
Toronto, Miami, Waikiki, Las Vegas, Ireland and Panama. In 2016 the Trump Hotel brand
will open
four hotels in Washington D.C.,
Rio de Janeiro, Vancouver and Baku.
Trump,
Bali,
Indonesia
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