The Jakarta Post
Green Oak Hotel Management, the holding company of Tauzia Hotels, is pushing for expansion across South East Asia by partnering with Ascott Limited.
“This partnership will enhance Tauzia’s future growth and performance, as Ascott’s expertise and support will contribute greatly toward expanding our brand and product in Asia and beyond”, said Marc Steinmeyer, founder of Tauzia Hotels in a press release received by The Jakarta Post on Friday.
Tauzai is one of Indonesia’s top five hotel operators with 122 hotels and close to 20,000 rooms across Indonesia, Malaysia and Vietnam, half of which are operational.
More than half of Tauzia’s properties in Indonesia are located in key destinations, such as Jakarta, Bali, Bandung, Surabaya and Yogyakarta.
"We believe Tauzia’s 17 years of experience to grow six lifestyle brands, combined with Ascott as one of the leading international serviced residence owner-operators in the world, will accelerate Tauzia’s growth in the region,” said Steinmeyer.
Meanwhile, Ascott’s CEO Kevin Goh said Ascott’s serviced residences continued to see strong demand from expatriates and corporate travelers.
“So, besides strengthening Tauzia’s presence in Indonesia, we will be leveraging Ascott’s global network,” he said, adding that markets with immediate demand included Malaysia, the Philippines, Thailand and Vietnam as well as secondary cities in Cambodia, Laos and Myanmar.
In Indonesia, Ascott has 22 years of experience with 17 serviced residences and more than 3,000 units across Jakarta, Bali, Makassar, Surabaya and Yogyakarta as well as two cities in West Java – Bandung and Karawang. (Bbn)