Ascott Moves Beyond Apartments, Buys 70% of Tauzia Hotel Mgt

Yello Hotel Manggari Jakarta

Leading serviced apartment owner and operator, The Ascott Limited, has bought 70% of Tauzia Hotel Management, one of Indonesia’s top five hotel operators.

Tauzia has a portfolio of 122 hotels across Indonesia, Malaysia and Vietnam, half of which are under development. Most of Tauzia’s hotels target business travellers with about 30% leisure focused.

Its brands include Harris Hotels, Yello and Pop!