Delonix Reaches Strategic Cooperation with IHI,Expanding Its Business Footprint In Southeast Asia

Source:
Delonix Group
Date:
2023-07-17

Views:

SHENZHEN, CHINA 17th July,Delonix Group officially announced a strategic cooperation with Indies Hospitality Investments(IHI),  an Indonesian hotel management investment holding platform. This partnership has established Delonix as a leading international hotel group in the Asia-Pacific region. 


Delonix  is a global investment and tourism group, which has received investments from famous global investment company like Sequoia Capital and Ocean Link. Its core business mainly focuses on offline consumer sectors such as hotels, restaurants, and airport lounges. 


IHI owns two leading asset-light hotel operating companies in Indonesia, Artotel Group and Swiss-Belhotel International Indonesia, with a total of approximately 212 hotels and over 25,000 rooms, ranked as the #1 hotel management platform in Indonesia by number of properties.


Committing a significant capital into IHI, Delonix has become one of the largest limited partners of IHI. The investment by Delonix highlights the vast opportunities available in the Indonesia hotel market and confidence in IHI to build a truly integrated, tech-enabled and market-leading hotel chain in the region. 


IHI will leverage Delonix's extensive experience in China's hospitality industry, brand-building expertise and digital capabilities to accelerate its growth and support its portfolio companies’ development in the local hotel market.


Through this cooperation, the commercial territory of Delonix has expanded to 16 core brands, with over 1,312 contracted and managed hotels and more than 195,000 rooms, making it the leading international hotel group in the Asia-Pacific region.


Delonix Reaches Strategic Cooperation with IHI,Expanding Its Business Footprint In The Southeast Asi