Invest Islands, the leading Asian real estate investment company, unveiled the design of Gran Meliá Lombok to the press on Wednesday at Gran Meliá Jakarta. The hotel is managed by Meliá Hotels International and is set to launch in 2024. Situated on the hillside in Torok Bay, South Lombok, the beachfront Gran Meliá Lombok will likely set new travel and hospitality standards on the island,...
Jakarta. Pertamina Grand Prix of Indonesia, the country's first MotoGP race in 25 years, was expected to generate about Rp 3 trillion, or more than $209 million, in economic turnover for West Nusa Tenggara province, according to the race's main sponsor, the state-owned energy company Pertamina. "We see the race having an impact on a regional and national level....
Although commonly referred to as “Bali’s little sister”, competition at this point is relatively low, as Lombok continues to undergo development. While typically known to be a popular island among travellers, over the last year, Lombok started to gain more traction among foreign investors. As its prospects are clear for savvy investors who are well-versed with Indonesia’s tourism industry and...
Property investment potentials in Indonesia have attracted not only local investors, but also foreign investors, whether individuals or companies. Lombok, especially, is one of the hottest islands to place property investment plan, especially holiday and hospitality properties. While the nearby Bali is always interesting for holiday property investors, Lombok has entered the spot where it should be...