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MILUX 8.5X11 Brochure for GSO Updated December 2019

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A NEW LENS ON LUXURY THE ST. REGIS VENICE AN UNRIVALED PORTFOLIO Across over 60 countries and territories, Marriott International Luxury Brands is a distinguished collection that appeals to the most discerning travelers. Defined by bespoke service, superior amenities and unmatched style in iconic destinations, our diverse portfolio answers the growing demand for unparalleled luxury experiences. Hotel information is as of November 2019 and subject to change. Pipeline hotels include projected hotels through 2020. LIVE UNTETHERED, LIVE FULLY. Designed to combine the luxury lifestyle of The Ritz-Carlton® and the casual freedom of a yachting vacation, The Ritz-Carlton Yacht Collection introduces bespoke voyages on the first of three custom-built yachts launching in 2020. Voyages ranging from seven to 10 nights. Available for private charters. THE RITZ-CARLTON YACHT COLLECTION, SANTORINI, GREECE LET US STAY WITH YOU PROPERTIES: 100 PIPELINE: 6 COUNTRIES: 32 The Ritz-Carlton® creates experiences so exceptional that they stay with guests long after their stay. ARUBA HUNGARY The Ritz-Carlton, Aruba The Ritz-Carlton, Budapest AUSTRALIA INDIA The Ritz-Carlton, Perth The Ritz-Carlton, Bangalore The Ritz-Carlton, Pune AUSTRIA The Ritz-Carlton, Vienna INDONESIA The Ritz-Carlton, Bali BAHRAIN The Ritz-Carlton Jakarta, Mega Kuningan The Ritz-Carlton, Bahrain The Ritz-Carlton Jakarta, Pacific Place CANADA ISRAEL The Ritz-Carlton, Montréal The Ritz-Carlton, Herzliya The Ritz-Carlton, Toronto JAPAN CAYMAN ISLANDS The Ritz-Carlton, Kyoto The Ritz-Carlton, Grand Cayman The Ritz-Carlton, Okinawa CHILE The Ritz-Carlton, Osaka The Ritz-Carlton, Santiago The Ritz-Carlton, Tokyo EGYPT KAZAKHSTAN The Nile Ritz-Carlton, Cairo The Ritz-Carlton, Almaty GERMANY The Ritz-Carlton, Astana The Ritz-Carlton, Berlin MALAYSIA The Ritz-Carlton, Wolfsburg The Ritz-Carlton, Kuala Lumpur GREATER CHINA The Ritz-Carlton, Langkawi The Portman Ritz-Carlton, Shanghai MEXICO The Ritz-Carlton, Beijing The Ritz-Carlton, Cancun The Ritz-Carlton Beijing, Financial Street OMAN The Ritz-Carlton, Chengdu Al Bustan Palace, A Ritz-Carlton Hotel The Ritz-Carlton, Guangzhou The Ritz-Carlton, Haikou PORTUGAL The Ritz-Carlton, Hong Kong Penha Longa Resort The Ritz-Carlton, Macau PUERTO RICO The Ritz-Carlton Shanghai, Pudong The Ritz-Carlton, San Juan The Ritz-Carlton, Shenzhen The Ritz-Carlton, Tianjin QATAR The Ritz-Carlton, Xi’an The Ritz-Carlton, Doha The Ritz-Carlton Sanya, Yalong Bay Sharq Village & Spa THE RITZ-CARLTON HOTEL DE LA PAIX, GENEVA RUSSIA The Ritz-Carlton Residences, Waikiki Beach The Ritz-Carlton, Moscow The Ritz-Carlton Reynolds, Lake Oconee The Ritz-Carlton, San Francisco SAUDI ARABIA The Ritz-Carlton, Sarasota The Ritz-Carlton, Jeddah The Ritz-Carlton, South Beach The Ritz-Carlton, Riyadh The Ritz-Carlton, St. Louis SINGAPORE The Ritz-Carlton, Tysons Corner The Ritz-Carlton, Millenia Singapore The Ritz-Carlton, Washington, D.C. SPAIN U.S. VIRGIN ISLANDS Hotel Arts Barcelona The Ritz-Carlton, St. Thomas The Ritz-Carlton, Abama SWITZERLAND The Ritz-Carlton Hotel de la Paix, Geneva THAILAND The Ritz-Carlton, Koh Samui TURKEY The Ritz-Carlton, Istanbul UNITED ARAB EMIRATES The Ritz-Carlton Abu Dhabi, Grand Canal The Ritz-Carlton, Dubai The Ritz-Carlton, Dubai International Financial Centre The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach The Ritz-Carlton Ras Al Khaimah, Al Wadi Desert UNITED STATES The Ritz-Carlton, Amelia Island The Ritz-Carlton, Atlanta The Ritz-Carlton Bacara, Santa Barbara The Ritz-Carlton, Bachelor Gulch The Ritz-Carlton, Bal Harbour The Ritz-Carlton, Boston The Ritz-Carlton, Charlotte The Ritz-Carlton, Chicago The Ritz-Carlton, Cleveland The Ritz-Carlton Coconut Grove, Miami The Ritz-Carlton, Dallas The Ritz-Carlton, Denver The Ritz-Carlton, Dove Mountain The Ritz-Carlton, Fort Lauderdale The Ritz-Carlton Georgetown, Washington, D.C. The Ritz-Carlton Golf Resort, Naples PROPERTIES The Ritz-Carlton, Half Moon Bay OPENING SOON The Ritz-Carlton, Kapalua GREATER CHINA The Ritz-Carlton Key Biscayne, Miami The Ritz-Carlton, Nanjing The Ritz-Carlton, Laguna Niguel The Ritz-Carlton, Lake Tahoe JAPAN The Ritz-Carlton, Los Angeles The Ritz-Carlton, Nikko The Ritz-Carlton, Marina del Rey INDIA The Ritz-Carlton, Naples The Ritz-Carlton, Gurgaon The Ritz-Carlton, New Orleans MEXICO The Ritz-Carlton New York, Central Park The Ritz-Carlton, Mexico City The Ritz-Carlton New York, Westchester The Ritz-Carlton Orlando, Grande Lakes MOROCCO The Ritz-Carlton, Pentagon City The Ritz-Carlton Rabat, Dar es Salam The Ritz-Carlton, Philadelphia UNITED STATES The Ritz-Carlton, Rancho Mirage The Ritz-Carlton, Paradise Valley HOTEL ARTS BARCELONA The Ritz-Carlton Residences, Miami Beach LIVE EXQUISITE PROPERTIES: 44 PIPELINE: 2 COUNTRIES: 22 St. Regis® perfects every aspect of every moment, finding care and pleasure in the most minute detail, and creating an atmosphere of great subtlety and refinement. CANADA MEXICO The St. Regis Toronto The St. Regis Mexico City The St. Regis Punta Mita Resort FRENCH POLYNESIA The St. Regis Bora Bora Resort PUERTO RICO The St. Regis Bahia Beach Resort, Puerto Rico GREATER CHINA The St. Regis Beijing QATAR The St. Regis Changsha The St. Regis Doha The St. Regis Chengdu RUSSIA The St. Regis Hong Kong The St. Regis Moscow Nikolskaya The St. Regis Lhasa Resort The St. Regis Macao, Cotai Central SINGAPORE The St. Regis Sanya Yalong Bay Resort The St. Regis Singapore The St. Regis Shanghai Jingan SPAIN The St. Regis Shenzhen The St. Regis Mardavall Mallorca Resort The St. Regis Tianjin THAILAND The St. Regis Zhuhai The St. Regis Bangkok INDIA TURKEY The St. Regis Mumbai The St. Regis Istanbul INDONESIA UNITED ARAB EMIRATES The St. Regis Bali Resort The St. Regis Abu Dhabi ITALY The St. Regis Saadiyat Island Resort, Abu Dhabi The St. Regis Florence UNITED STATES The St. Regis Rome The St. Regis Aspen Resort The St. Regis Venice The St. Regis Atlanta JAPAN The St. Regis Bal Harbour Resort The St. Regis Osaka The St. Regis Deer Valley JORDAN The St. Regis Houston The St. Regis Amman The St. Regis New York The St. Regis San Francisco KAZAKHSTAN The St. Regis Washington, D.C. The St. Regis Astana MALAYSIA The St. Regis Kuala Lumpur PROPERTIES The St. Regis Langkawi OPENING SOON MALDIVES EGYPT The St. Regis Maldives Vommuli Resort The St. Regis Cairo MAURITIUS MEXICO THE ST. REGIS The St. Regis Mauritius Resort The St. Regis Kanai, Riviera Maya BORA BORA RESORT THE NEW GENERATION OF LUXURY PROPERTIES: 10 PIPELINE: 5 COUNTRIES: 6 Conceived in partnership with American visionary Ian Schrager, EDITION® redefines the codes of traditional luxury. CHINA UNITED KINGDOM The Sanya EDITION The London EDITION The Shanghai EDITION UNITED STATES SPAIN The Miami Beach EDITION The Barcelona EDITION The New York EDITION The Times Square EDITION TURKEY The West Hollywood EDITION The Bodrum EDITION UNITED ARAB EMIRATES The Abu Dhabi EDITION PROPERTIES OPENING SOON ICELAND The Reykjavik EDITION ITALY The Rome EDITION JAPAN The Tokyo EDITION, Toranomon MEXICO The Riviera Maya EDITION at Kanai UNITED ARAB EMIRATES The Dubai EDITION THE BODRUM EDITION HOTELS THAT DEFINE THE DESTINATION PROPERTIES: 117 PIPELINE: 5 COUNTRIES: 36 From legendary palaces and remote retreats to timeless modern classics, The Luxury Collection® enables discerning travelers to collect a world of intriguing experiences full of indigenous allure. ARGENTINA FRANCE Park Tower, a Luxury Collection Hotel, Hôtel de Berri, a Luxury Collection Hotel, Paris Buenos Aires Prince de Galles, a Luxury Collection Hotel, Paris ARMENIA GREECE The Alexander, a Luxury Collection Hotel, Yerevan Blue Palace, a Luxury Collection Resort and Spa, Crete AUSTRIA Domes Miramare, a Luxury Collection Resort, Corfu Hotel Bristol, a Luxury Collection Hotel, Vienna Hotel Grande Bretagne, a Luxury Collection Hotel, Athens Hotel Goldener Hirsch, a Luxury Collection Hotel, Salzburg King George, a Luxury Collection Hotel, Athens Hotel Imperial, a Luxury Collection Hotel, Vienna Mystique, a Luxury Collection Hotel, Santorini Schloss Fuschl, a Luxury Collection Resort & Spa, The Romanos, a Luxury Collection Resort, Fuschlsee-Salzburg Costa Navarino Santa Marina, a Luxury Collection Resort, Mykonos BULGARIA Vedema, a Luxury Collection Resort, Santorini Sofia Balkan Hotel, a Luxury Collection Hotel, Sofia INDIA CHINA ITC Gardenia, a Luxury Collection Hotel, Bengaluru The Azure Qiantang, a Luxury Collection Hotel ITC Grand Bharat, a Luxury Collection Retreat, Gurgaon, Hangzhou New Delhi Capital Region The Castle Hotel, a Luxury Collection Hotel, Dalian ITC Grand Central, a Luxury Collection Hotel, Mumbai The Grand Mansion, a Luxury Collection Hotel, ITC Grand Chola, a Luxury Collection Hotel, Chennai Nanjing ITC Grand Goa, a Luxury Collection Resort & Spa, Goa The Hongta Hotel, a Luxury Collection Hotel, Shanghai ITC Kakatiya, a Luxury Collection Hotel, Hyderabad Meixi Lake Hotel, a Luxury Collection Hotel, ITC Kohenur, a Luxury Collection Hotel, Hyderabad Changsha ITC Maratha, a Luxury Collection Hotel, Mumbai Na Lotus Hotel, a Luxury Collection Hotel, Nanning ITC Maurya, a Luxury Collection Hotel, New Delhi The Royal Begonia, a Luxury Collection Resort, ITC Mughal, a Luxury Collection Hotel, Agra Sanya ITC Rajputana, a Luxury Collection Hotel, Jaipur Twelve at Hengshan, a Luxury Collection Hotel, ITC Royal Bengal, a Luxury Collection Hotel, Kolkata Shanghai ITC Sonar, a Luxury Collection Hotel, Kolkata CYPRUS ITC Windsor, a Luxury Collection Hotel, Bengaluru Parklane, a Luxury Collection Resort & Spa, INDONESIA Limassol Keraton
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  • Jakarta Property Highlights Knight Frank

    Jakarta Property Highlights Knight Frank

    RESEARCH FIRST half 2009 Jakarta property highlights Knight Frank The recent bombings on 17 July 2009 at two hotels, JW Marriott and Ritz Carlton (both located in Mega Kuningan) have had no major impact on the Indonesian economy. The Indonesian composite index and Rupiah currency remained relatively stable and many economists believe that the Indonesian economy may continue to expand, given past experience where the volatility of economic indicators occurred only in the first and second month post the bombings. Indonesia's GDP is expected to reach 4% by the end of the year given the smooth general and presidential elections. The high end international chain hotels have been the hardest hit due to the bomb blast with occupancy reportedly dropping significantly, albeit lately there has been an intensify of activity in this hotel submarket. The condominium sector has indicated a preliminary sign of recovery, whilst the retail occupancy rate increased slightly. Slowing leasing activity has led to declining overall CBD occupancy. The average room rate of 3, 4 and 5-star hotel rooms has increased both in Rupiah and US$ terms by 2.97% and 10.27% respectively. Whilst rental pressure in the retail sector brought down rents by 6.29% in Rupiah terms, but rental remained stable in US$ terms. The gross asking rental rates in the office sector remained relatively stable, with changes occurring mainly due to the exchange rate fluctuation. The new Indonesian cabinet formation, scheduled to be announced in October 2009 and the declining trend of lending rates are expected to mark the recovery period for the property industry.