IHG Signs With WIKA Realty to Develop Holiday Inn Balikpapan on Borneo Island

United Kingdom, Denham. April 28, 2020

InterContinental Hotels Group (IHG®) today announces the signing of a management agreement with PT Wijaya Karya Realty (WIKA Realty) to open the new build Holiday Inn Balikpapan slated to open in 2021. The 300-room hotel will form part of a mixed-use development called Tamansari Skylounge Balikpapan which comprises of a residential tower and the hotel.

The hotel will feature two food and beverage outlets; an all-day dining restaurant and lobby lounge, which aims to create an experience that's similar to their favourite restaurant at home, combined with the warm, genuine hospitality the brand has long been known for.

With 610 square metres of meeting space, the hotel has function space aplenty to host private and corporate events in their five function rooms, with the largest space comprising of three rooms merged to host 260 people banquet style. Hotel facilities include a fitness centre, business centre and Kids' Club.

As part of the mixed-use development, guests have access to shared facilities with the Tamansari Skylounge Apartment such as the outdoor swimming pool, deck and changing facilities which is located between the two towers.

Located in the seaport city of East Kalimantan, east coast of Borneo island, the hotel is situated a mere two kilometers or seven-minute drive from the Sultan Aji Muhammad Sulaiman Sepinggan International Airport. Balikpapan is the busiest sea port and main gateway for international arrivals to Kalimantan, with direct flights from Singapore, Malaysia, China and major domestic cities across Indonesia.

The city is the financial centre of Kalimantan and is becoming a strong foothold for businesses and main gateway to the new capital of Indonesia. Its large presence of multinational companies especially in the oil, gas and mineral industries makes the hotel a convenient choice for business travellers.

Name Serena Lim, Vice President, Development for South East Asia and Korea, IHG "With companies locating to the area due to growing amenities, and easy access via the international airport, the Hotel is well-positioned to capitalise on the area's interconnectivity. We will be ready to receive the short-term surge in demand to support planning for the relocation of the capital, and the long-term influx from corporate and leisure travellers. We are excited to be partnering with WIKA Realty to offer warm, welcoming service and amenities to all guests.

Agung Salladin, President Director, PT Wijaya Karya Realty, added, "From our extensive portfolio in several leading cities in Indonesia, Tamansari Skylounge Balikpapan is our first apartment and hotel project in East Kalimantan. This development is developed using sky-lounge concept due to its strategic location adjacent to the airport. This partnership with global hotel group IHG paired with the most recognised hotel brand in the world Holiday Inn, we are confident that this hotel will help contribute to provide accommodation with welcoming service to the travellers in Balikpapan as well as its surrounding cities."

IHG currently has 24 hotels operating under six brands in Indonesia, including: Six Senses, InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn and Holiday Inn Express with another 19 in the pipeline, which includes brand entries for Regent, Kimpton.

Media Contact:

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Coming up in October 2020...

Revenue Management: Maximizing Profit

Hotel Revenue Management continues to evolve at a blistering pace. Driven by technological innovation and new distribution channels, there are some dynamic opportunities for expansion in this fast-growing field. The technology is primarily designed to help revenue managers further refine their operations and pricing models to maximize hotel profit. For example, hotels can't be all things to all people, so a key strategy is to precisely identify their target audience. By employing geo-targeting techniques and analyzing behavior such as previous bookings, on-property purchases and online shopping practices, there is an increased capability to define guest demographics. By segmenting customers in more specific ways, hotels are able to create more personalized experiences which, in turn, allow managers to optimize their room rates. It is also an effective way to fulfill the unique needs and preferences of the individual. Another methodology is to consistently monitor the competition's pricing strategies. There are software tools that analyze a competitor's current rates, and then allow a hotel to make its own pricing adjustments. It is also a useful means to conduct forecasting models. Other technologies that are being integrated into a revenue manager's toolkit include Artificial Intelligence in the form of automated algorithms, and Voice Recognition (VR) for data inquiries, rate changes, and booking behavior. Predictive and analytic software programs are also being leveraged to provide more forward-looking data, instead of the usual reliance on historical performance. These metrics allow managers to be more proactive - rather than reactive - with their revenue strategy. The October issue of the Hotel Business Review will examine these developments and report on how some leading hotels are executing their revenue management strategies.