Global hospitality management chain Swiss-Belhotel International plans to open at least 60 new hotels and resorts worldwide over the next few years.
Five new properties are planned by the Indonesian company for Europe by 2021, including hotels in Italy, Bulgaria and Georgia.
The firm currently manages 145 properties across Asia, the Middle East, Australia, New Zealand, Europe and Africa.
Swiss-Belhotel International operates 64 properties across Indonesia, with 30 more planned.
The group aims to double its presence in Australia from five to ten hotels within the next three years, including new openings in Sydney and Melbourne. It is also seeking opportunities to expand its presence in New Zealand.
Four new properties are due to open in China in the coming years, located in the emerging cities of Taiyuan, Haikou, Dongguan and Quanzhou.
In Vietnam, the group will expand from one hotel today to ten by 2021, including landmark openings in the popular tourist centres of Halong Bay and Nha Trang.
Seven hotels and resorts will open this year in the Gulf region, including the company’s first properties in Oman, Kuwait and Saudi Arabia.
Swiss-Belhotel aims to reach an operating portfolio of 20 hotels in the region by 2020.
Chairman and president Gavin Faull told the company’s annual general managers’ conference in Jakarta that 2018 would mark the start of a period of accelerated growth for the company, following the celebration of its 30th anniversary last year.
“Over the last three decades we have established a world-class reputation and developed a diverse collection of hotels and respected brands,” he said.
“We will now build on these strong foundations as we embark on an exciting new era of growth.”
“The next five years will see a rapid expansion of our hotel portfolio in several key markets, including Indonesia, Australasia, the Middle East, China, Vietnam and Europe.
“This strategic vision will play to our company’s core strengths, whilst also capitalising on global economic and social trends to create a successful and sustainable future.”