PT MNC Land Tbk (MNC Land) and Hyatt Hotels Corporation have announced plans to open the first Park Hyatt hotel in the heart of Jakarta, the capital of Indonesia.

The hotel will be located at MNC Center, Kebon Sirih.

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Slated to open in the first half of 2018, the new Park Hyatt Jakarta will serve as a refined, sophisticated space for local and international guests.

Hyatt ASPAC group president David Udell said: “We are thrilled to have the chance to work with MNC Land, one of the largest property developers in Indonesia, to introduce a new personalized luxury experience to this dynamic city.

 “Park Hyatt Jakarta will capture the multi-layered diversity of Indonesia. By combining the traditions of Jakarta with modern design elements, we hope to make the hotel a special place for both our discerning global travelers and those local to Jakarta.”

Park Hyatt Jakarta will be located on the top 20 floors of the 37 floor mixed-use building development by MNC Land.

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The hotel will feature five premium food and beverage outlets.

MNC Group chairman and CEO Hary Tanoesoedibjo said: “We look forward to adding Park Hyatt Jakarta to our portfolio of landmark hotels. We believe in working with the best from around the globe to push the envelope and bring even higher quality standards of guest experiences to Indonesia.

“We are confident that Park Hyatt Jakarta, along with the other facilities in MNC Media Tower, will deliver on this promise and once again cement MNC Land’s reputation as a world-class developer.”

The new hotel will join the four existing Hyatt-branded hotels in Indonesia, which include Grand Hyatt Jakarta, Grand Hyatt Bali, Hyatt Regency Yogyakarta and Hyatt Regency Bali.