A Hyatt affiliate has entered into a management agreement with PT Wynncor Bali for an Andaz resort in Bali, Indonesia and upon completion, the hotel will be the first Andaz-branded offering in Southeast Asia.

"We are delighted to introduce the Andaz brand to Indonesia, and honored to strengthen our relationship with P.T. Wynncor Bali, a strong, experienced developer and owner. Andaz will complement the existing Grand Hyatt Bali and Bali Hyatt which will be rebranded as Hyatt Regency subsequent to an on-going extensive renovation program," said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific for Hyatt Hotels & Resorts. "Located in one of Asia's premier leisure destination, Andaz Bali will be a great addition to the Company's resort portfolio. Andaz Bali will bring to life the brand's mission of creating inspiring indigenous experiences."

"We have worked with Hyatt for more than two decades, and continue to be very satisfied and optimistic about our current and future relationship with the Company," said Jefri Darmadi, commissioner, P.T. Wynncor Bali. "Working again with Hyatt is an honor for us, and we look forward to introducing Andaz Bali to the region."

Slated to open in 2016, Andaz Bali will be a beachfront resort designed by international architect Tierra Design, and Japanese interior design firm Spin Design Studio. The hotel will comprise low-rise clusters and pavilions set within dramatic landscaping, and will feature 144 guestrooms and villas, small intimate meeting facilities, multiple dining options, a fitness center, several outdoor swimming pools and a spa.