MRA Group & Partners, a well-known Indonesian business owner of the franchised Bulgari stores in Indonesia will develop and own the Bali hotel. MRA's other interests include luxury automobile dealerships, media and premium brand retailing. Bulgari will license its brand, while the Marriott International's Luxury Group will manage the hotel. Room rates will be about USD $700 a night.
Designed by the well-known architect Antonio Citterio & Partners, the resort will offer a large spa, a private beach, two restaurants, a library, several meeting rooms and a Bulgari store. The resort will be composed of 58 villas set atop cliffs that drop off into the sea. Fifty-four of the villas will be 3,200-sf, one-bedroom units. Three more villas are two-bedroom, 5,300-sf units and one unit will be a three-bedroom, 17,000-sf facility with a home theater and a separate apartment for staff.
The Bulgari and Marriott joint venture began in early 2002. The goal is to create a network of seven five-star hotels with the Bulgari brand over the next six years.
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