Business

Brasali Group to open a
new ‘condotel’ in Bali

JAKARTA: Jakarta-based property developer, Brasali Group, is teaming up with international hotel operator, Accor Group, to construct a “condotel” in Legian, Bali.

The construction of the 317-room Mercure Bali Legian condotel — a building that will house both a number of condominiums and a hotel — would begin in the middle of this year and would be finished by the end of 2014, said Itje Indrawati, CEO of Brasali Group.

The total investment for the new condotel reached Rp 300 billion (US$32.7 million) with the cost of one condominium starting at Rp 875 million ($95,375), she said.

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