Hong Kong-based Ovolo Group has added Indonesia to its growing portfolio, after purchasing and bringing Citadines Kuta Beach into its fold with effect from November 1.
The Bali acquisition marks the group’s first property outside of Hong Kong and Australia, as it eyes global expansion with a particular focus on South-east Asia, Australia, New Zealand, the US and the UK.
The 194-room property consists of 182 studio rooms, nine one-bedroom suites and three two-bedroom suites, an all-day dining restaurant, rooftop pool & bar, gym and conferencing facilities.
Ovolo said in a statement that it will announce its future plans for the property in early 2020.
