Steven Pan, chairman of Regent, met with the president of KG Global Development on October 28 to sign the official agreement for the planned hotel.
The new hotel will have 126 guestrooms and suites, as well as 107 exclusive residences, dining and meeting facilities within Mangkuluhur City.
The hotel will be designed to reflect the destination's culture and tradition. Amenities include a signature restaurant, Library Bar, spa, wellness center and event spaces, which will include a Grand Ballroom.
Arjan De Boer, Regent senior vice president of development, said that “The re-introduction of Regent in Jakarta gives us great pride, and we are excited about the future of the brands presence in Indonesia.”
Regent Hotels & Resorts most recently opened a location in Montenegro and has other luxury properties in Beijing, Berlin, Phuket, Singapore, Taipei, and Turks and Caicos.