Starwood Hotels & Resorts Worldwide has reached an agreement with PT Pacific Resorts Buana Indonesia to manage The St. Regis Resort & Residences, Bali. Located in the elite enclave of Nusa Dua, The St. Regis Resort & Residences, Bali will feature 74 oversized suites plus 29 villas, as well as 25 residential villas available for long-term leases when it opens in 2007.
The St. Regis Resort & Residences, Bali is the second new St. Regis project announced by Starwood Hotels & Resorts in the first quarter of 2005. The company recently also announced plans to launch a new luxury resort and residential project in Deer Crest, Utah, which will debut in 2007, as a leisure extension of the brand. New St. Regis hotels are also currently under development in Singapore, Anguilla, San Francisco, CA and Ft. Lauderdale, FL. Other St. Regis hotels are located in Aspen, Shanghai, Beijing, Houston, London, Rome, Washington, D.C., and Dana Point, California.
The St. Regis Resort & Residences, Bali will be developed on an 8.6 hectare secluded beachfront site in the Nusa Dua Resort area of Bali, next to the Bali Golf and Country Club, and will be an integrated resort complex comprising hotel and residences.
The launch of The St. Regis Resort & Residences, Bali signifies an important move for the brand into the residential real estate market with exclusive Residences in New York, San Francisco, Aspen, Fort Lauderdale, Anguilla, Singapore and now Bali, currently in development.
“As we continue to strategically grow the St. Regis brand, we seek only the world’s most desirable destinations. Nusa Dua was planned and designed, along with Phuket, as the premier leisure destination of Asia,” cited Miguel Ko, President of Starwood Hotels & Resorts, Asia Pacific. “We are honoured to fly our flag on what will be one of the most extraordinary luxury resorts in Asia and beyond”.