The Ritz-Carlton Jakarta Pacific Place - a 62-room boutique hotel will open mid 2007, and is strategically located in the heart of the city's commercial district. This will be the third Ritz-Carlton property in Indonesia, joining The Ritz-Carlton, Jakarta and The Ritz-Carlton, Bali Resort & Spa.As part of a mixed-use complex, including a 825,000 square-foot retail mall, 242,000 square feet of prime office space and two towers of residential condominiums, the development will also feature The Pacific Place Apartments, 139 luxury serviced apartments, which will also be managed by The Ritz-Carlton.

The hotel, which will be linked by a pedestrian tunnel to the Jakarta Stock Exchange and other nearby office buildings, is expected to appeal to the most discerning travelers to Jakarta.  With suites among the largest in the city, The Ritz-Carlton Jakarta, Pacific Place, will also offer, in addition to various meeting rooms, a 44,000 square-foot ballroom, the largest ballroom in Jakarta, which will appeal to weddings and other social events as well as product launches and corporate functions.

Hotel facilities will include spacious suites and The Ritz-Carlton Club Lounge.  All guests will enjoy access to dedicated concierge service and complimentary food and beverage presentations throughout the day. A three-meal specialty restaurant, two private dining rooms, and The Bar will offer perfect venues for visitors and guests. A fitness center, spa, and outdoor swimming pool are other planned features of the property. The Pacific Place Apartments are expected to be the most prestigious residential address in the city of Jakarta, providing the highest level of luxury and service for tenants.

"We are pleased to add another strategic property in the city of Jakarta," said Simon F. Cooper, president and chief operating officer of The Ritz-Carlton Hotel Company. "The capital of Indonesia continues to show signs of positive economic growth, and we believe this newest site positions our brand more strongly in the region."

The Ritz-Carlton Hotel Company, L.L.C. of Chevy Chase, Md., (USA) currently operates 61 hotels in the Americas, Europe, Asia, the Middle East and Africa. Over 20 projects are under development around the globe with hotel openings planned for Moscow, Tokyo, Ireland, and two in Beijing over the next year. The Ritz-Carlton is the only service company to have twice earned the prestigious Malcolm Baldrige National Quality Award, which recognizes outstanding customer service.