Trump's hotel group inks deal to manage luxury Bali resort

Tycoon Donald Trump with MNC Group CEO Hary Tanoesoedibjo and his wife Liliana at the signing ceremony last Friday. The Trump group will manage a six-star integrated lifestyle resort in Bali.
Tycoon Donald Trump with MNC Group CEO Hary Tanoesoedibjo and his wife Liliana at the signing ceremony last Friday. The Trump group will manage a six-star integrated lifestyle resort in Bali.PHOTO: TRUMP HOTEL COLLECTION

The hotel group owned by United States presidential hopeful Donald Trump has signed a deal to manage a six-star resort and residential development in Bali, it was announced yesterday.

The resort, owned by Indonesian investment firm MNC Group, lies on Bali's south-western coast near the Tanah Lot temple, which is one of most popular tourist attractions on the island.

The property will be an integrated lifestyle resort that includes suites and villas with sea views.

"Bali is consistently voted as one of the world's best islands, and is one of the best resort and residential destinations globally," said Mr Donald Trump Jr, the property baron's son and executive vice-president of development and acquisitions at the Trump Organization, the parent company of the Trump Hotel Collection.

"We are honoured to announce our expansion into Asia, and to bring to market an extraordinary luxury property," he said.

The group will also open four hotels next year - in Washington DC, Rio de Janeiro, Vancouver and the Azerbaijani capital of Baku.

MNC Group founder and chief executive Hary Tanoesoedibjo said at the signing ceremony, held last Friday: "The Trump family's personal involvement and global proven success are set to elevate Bali's expectations of luxury and excellence."

The Indonesian conglomerate focuses on three strategic business areas - media, financial services and real estate.

A version of this article appeared in the print edition of The Straits Times on August 21, 2015, with the headline 'Trump's hotel group inks deal to manage luxury Bali resort'. Print Edition | Subscribe