MARRIOTT International signed an agreement with Indonesia-based property developer Lippo Karawaci last week to operate two more JW Marriott-branded properties in Jakarta by 2015.
The new five-star hotels will be built in The St Moritz mixed-use complex in West Jakarta and in Kemang Village in South Jakarta, for a total investment of one trillion rupiah (US$112 million).
The JW Marriott in The St Moritz, scheduled for launch in 2015, will have 208 rooms. The one in Kemang Village, scheduled to start operations in 2013, will have 275 rooms.
