Ovolo Group has announced the purchase of the Citadines Kuta Beach Bali.

The group’s first property purchase outside Hong Kong and Australia represents its ongoing vision to become a truly global hospitality company with a particular focus on South East Asia, Australia, New Zealand, United States and United Kingdom.

At a glance:

• Ovolo Group buys first asset outside Hong Kong and Australia with the purchase of the Citadines Kuta Beach Bali
• The group takes over the property from November 1
• The purchase forms part of Ovolo Group’s ambitions to become a global hospitality company

The 194-room property consists of 182 studio rooms, nine one-bedroom suites and three two-bedroom suites, an all-day dining restaurant, rooftop pool and bar, gym and conferencing facilities.

Early next year Ovolo plans to announce its future vision for the property which will be reimagined to be in line with the group’s ethos and philosophies.

Founder and CEO of Ovolo Group, Girish Jhunjhnuwala, said the acquisition demonstrated the company’s vision to become a truly global hospitality company, offering guests unrivalled effortless experiences across our hotels, bars and restaurants.

“We look forward to being able to reinvent this hotel and it’s food and drink concepts in true Ovolo style, bringing a fresh take on hospitality to Bali,” he said.

Ovolo Group officially takes over Citadines Kuta Beach on November 1, 2019.