Landmarks in JV to own two hotels in Treasure Bay Bintan

PETALING JAYA (May 19) – Landmarks Bhd, through its wholly-owned subsidiary PT Bintan Hotel Utama (PTBHU), yesterday entered into a joint-venture (JV) agreement with ML Hotel Investments Pte Ltd (ML Hotel) to develop, own and operate two global hotel chains, Mercure and ibis Budget, in Treasure Bay Bintan, Bintan Island, Indonesia.

Both hotels are expected to open in 2017 and will be managed by Accor Group.

“With this JV and other partnerships with international hospitality brands in the pipeline, we are poised to position Treasure Bay Bintan as Southeast Asia’s leading leisure destination,” said Foong Chee Khuen (pictured), chief operating officer of Landmarks Bhd in a statement yesterday.

“We are confident that Phase One of Treasure Bay Bintan will serve as a catalyst in creating lasting real estate value and augmenting Bintan’s tourism offering by bringing in unique leisure and entertainment concepts not found anywhere else in the region,” he added.

Mercure is poised to become the island’s tallest landmark at 10 storeys. The hotel will offer 182 new keys to Treasure Bay Bintan, of which 114 long-term leases will be made available for sale.

ibis Budget will feature 162 tourist-class rooms, adding variety and accessibility to the selection of international and boutique brand names at the destination.

Mercure’s signature rooftop restaurant and bar will offer the highest dining experience in Bintan Island, with panoramic views of its surroundings. Its other facilities include a rooftop lawn for weddings and recreational use, a 35m lap pool, meeting rooms, a gym and a wellness centre.

Meanwhile, ibis Budget will offer amenities such as meeting facilities and a breakfast lounge.

Both hotels will be situated alongside Crystal Lagoon, Southeast Asia’s first and largest recreational seawater body. The 6.3ha of crystal-clear water will offer interactive water sports and a wide range of recreational and adventure activities for guests.

Through their partnerships with Accor Group, Mercure and ibis Budget will benefit from the hotel network’s 16 multi-language booking websites that generated more than 20 million bookings worldwide last year, and were seen by around 300 million visitors and more than 18 million LeClub Accorhotels loyalty members.