Citadines Berawa Beach Bali (Indonesia)
Bali is one of the most popular tourist destinations in the world being ranked as the no. 1 holiday destination in the world by TripAdvisor in 2021. Citadines Berawa Beach Bali, a 224-room international four-star hotel investment by Stellar Partners, is located in Canggu, a districted that is ranked no. 4 on Forbes’ 2019 Top 10 Overseas Place to Live and Invest. A stone’s throw away from the Berawa Beach, the hotel is operated by one of the top hotels and serviced residence operators in the world – The Ascott Limited – under the world-renowned Citadines brand.
With a clear overall strategy, execution plan and unique local knowledge, Stellar formed a joint venture with Genesis Indojaya to procure one of the few remaining plots of land available in the fast-growing area of Canggu.
The hotel was successfully opened during the challenging pandemic time and has celebrated its 2-year anniversary and is on track to reach pre-pandemic performance expectations.
Investment Summary
➢ Sector: Hotel, Real Estate Development
➢ Location: Canggu, Bali, Indonesia
➢ Project Website: http://genesisindojaya-citadinesbali.com/