Trump Hotel Collection has announced that they have reached an agreement with the Indonesia’s MNC Group investment group to manage a six-star luxury resort and residential development in Asia. Situated in a magnificent location in Bali, atop the southwest coast and set against the Indian Ocean and renowned Tanah Lot temple, the property will be the Trump Hotel Collection’s first resort in Asia.
With a current portfolio of 14 hotels, Trump is opening four hotels in 2016 in major cities such as Washington D.C., Rio de Janeiro, Vancouver and Baku.
“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.”
Following the recent visit of an MNC Group delegation to New York City, Donald J. Trump and Mr. Hary Tanoesoedibjo hosted the official signing ceremony on Friday, 14th August 2015, in which the Founder, Mr. Hary, who is also Group President and CEO of MNC Group, mentioned “I am personally very pleased to bring the Trump brand into Indonesia. The Trump family’s personal involvement and global proven success, is set out to elevate Bali’s expectations for ‘luxury and excellence’. Alongside our experience as a world-class developer, we are eager to develop the largest and most integrated lifestyle resort destination in Bali.”