CapitaLand Investment’s wholly owned lodging business unit, The Ascott Limited (Ascott), continues its aggressive expansion by forging a strategic alliance with Kimaya Group, part of one of Indonesia’s leading local manufacturers and distributors of household and personal care products for over 70 years.

With this collaboration, Ascott is expanding rapidly in Indonesia by signing a total of five agreements with a total of 1,134 hotel rooms under and affiliated with the HARRIS brand. Two of the properties are located in Bandung and one each in Jakarta, Bali, and Yogyakarta. The addition of the new properties will further reinforce Ascott’s position as one of the largest international owners and operators of serviced residences and hotels in Indonesia.

Mr. Armand Steinmeyer, Ascott’s Vice President of Business Development, said: “We are honored to partner with Kimaya Group as they expand their hotel portfolio in Indonesia.  Indonesia today is Ascott’s second-largest market after China. With a broad portfolio of award-winning serviced residence and hotel brands, we are able to collaborate with owners, developers, and partners across a variety of lodging options. Today, Ascott has over 150 properties and more than 11,000 units across over 40 cities in Indonesia”.

Mr. Patrick Vaysse, Ascott’s Indonesia Chief Operating Officer for Hotels, said: “This collaboration will also fuel our strong presence in Indonesia and build up our capabilities to ensure we remain the top choice accommodation for our guests when they travel. We are also able to meet the demands of our discerning guests from corporate and leisure travelers to tech-savvy travelers, families or single travelers, as well as value-conscious travelers”.

Kimaya’s name is taken from Sanskrit wording which means “divine.” The phoenix bird inspires the Kimaya logo itself; this bird symbolizes strength, transformation, and renewal. Like phoenix birds, with the hope that Kimaya can fly, soar high and be successful in the future. The re-branding process for the three Kimaya hotels located in Jakarta, Bandung, and Yogyakarta is targeted to be completed in December 2021.

In Jakarta, the Kimaya hotel will be located in Slipi – West Jakarta, close to the business and shopping district with a total of 340 rooms. In Bandung, the Kimaya hotel will be located in Braga street, the historical district of Bandung surrounded by cafes and eateries with a total of 193 rooms. In Yogyakarta, Kimaya Hotel will be located strategically on Jenderal Sudirman Street, surrounded by offices, shopping centers, and close to a hospital with a total of 202 rooms.

In addition, by October 2021 Kimaya Group has just acquired two existing HARRIS hotels located in Bandung and Bali; HARRIS Ciumbuleuit – situated in north Bandung next to the established Parahyangan University with a total of 210 hotel rooms and HARRIS Hotels & Residence Sunset Road Bali – located strategically on Sunset Road, closed to Ngurah Rai Airport and adjacent to SGCC (Sunset Garden Convention Centre) with total 189 hotel rooms. Both hotels have MICE as well as leisure facilities such as a swimming pool, gym, spa, and kids club.

Hadi Setiadarma, the Director of Kimaya Group, said “We are delighted to welcome Ascott. Our collaboration with Ascott in Indonesia demonstrates our ability to evolve its strategy amidst the COVID-19 pandemic to do expansion in the Hotel segment. Tapping on Ascott’s global network and deep hospitality expertise, we are confident that the hotels will do well, and we can enjoy good returns on investment”.

Ascott unifies 14 lodging brands on one global online travel booking platform with the launch of Launched in July 2021, unifies Ascott’s award-winning lodging brands on a single global online travel booking platform. provides guests with one-stop access to Ascott’s more than 400 serviced apartments, co-living spaces, and hotels with a total of about 71,000 units in over 30 countries. This includes more than 10,000 units across 62 properties under TAUZIA Hotel Management, which are available for the first time on Ascott’s online booking platform.