Daily Newsletter

24 June 2024

Daily Newsletter

24 June 2024

Cross Hotels & Resorts signs management deal with Puri Group

The 340-key Cross Batam Antapura is expected to open in 2027.

Jangoulun Singsit June 21 2024

Cross Hotels & Resorts has expanded its portfolio in the Asia-Pacific with a new hotel management agreement with PT Yetosa Pratama Sukses (Puri Group). 

The new property, Cross Batam Antapura, is expected to open in 2027 on Batam Island, Indonesia.  

Cross Batam Antapura hotel will feature a hybrid resort concept, combining 250 contemporary hotel rooms with 90 luxury pool villas.  

The resort is designed around a low-rise water courtyard, integrating traditional Indonesian elements with modern aesthetics.  

Guests can look forward to a range of amenities including gourmet dining options, a swimming pool with a sunken bar, a spa, fitness centre, ballroom, wedding chapel, and extensive parking facilities. 

In addition, Cross Batam Antapura is committed to sustainable architecture, creating an eco-friendly environment for guests.  

The property is strategically located just 13 minutes from Hang Nadim International Airport and near an international ferry terminal and golf courses. 

Cross Hotels & Resorts CEO Harry Thaliwal said: "It has been an honour working with Puri Group and to present our aspirational goal of being APAC’s hotel management operator of choice for owners seeking an innovative alternative to those offered by larger chains.  

“While Cross Batam Antapura is our first resort on Batam Island, it becomes our eighth property in Indonesia. Batam Island is a gateway to the rest of the Indonesian archipelago and I am truly excited about our expansion across this beautiful land. Not only does Cross Batam Antapura encapsulate our Luxury by Design concept, but it also strengthens our sustainable architecture initiatives." 

The Cross Hotels & Resorts portfolio currently includes 28 properties across Indonesia, Thailand, Vietnam, and Japan. 

It operates under six brands including Cross, Cross Vibe, Away, Lumen, Cross Collection, and Kaura. 

Business Travel Market Overview

GlobalData's latest report provides an in-depth analysis of the key trends that will shape the business travel market in the coming years. Despite the pandemic having significantly impacted the business travel industry, the market has been in a recovery phase since 2021, and thanks to a reduction in travel restrictions, it is expected to reach its pre-pandemic level in 2024 and will continue its growth trajectory at a CAGR of >11% from 2023 to 2027.

Business Travel Market Overview

GlobalData's latest report provides an in-depth analysis of the key trends that will shape the business travel market in the coming years. Despite the pandemic having significantly impacted the business travel industry, the market has been in a recovery phase since 2021, and thanks to a reduction in travel restrictions, it is expected to reach its pre-pandemic level in 2024 and will continue its growth trajectory at a CAGR of >11% from 2023 to 2027.

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