MARRIOTT International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara (IKN) or new capital city Nusantara .
The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk Alexander Tedja.
According to Ramesh Jackson, Area Vice President, Indonesia and Malaysia, Marriott International said we are thrilled to be working with PT. Pakuwon Jati Tbk. on this landmark agreement.
“This milestone signing underscores our commitment to strategically expand our footprint in Indonesia, and we are pleased to also support the local government’s efforts to accelerate the country’s economic transformation especially with the designation of Indonesia’s new capital city in Nusantara,” he said.
Tedja explained that meaning “archipelago” in ancient Javanese, Nusantara is a symbol of national identity and planned as a smart forest city, in line with Indonesia’s commitment to achieve zero carbon emissions and 100% new and renewable energy by 2060.
With the agreement, he continued, Marriott expects to debut three brands – Four Points by Sheraton, Westin Hotels & Resorts and Tribute Portfolio – in the highly anticipated destination, featuring transformational experiences and destination-rooted authenticity.
“We are excited to partner with Marriott International for this historic project. We are certain that through this project, we will inspire travelers to embark on new journeys to Indonesia’s new capital city,” Tedja concluded. [traveltext.id]