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PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels & Resorts for CROSS Bali Uluwatu

## Strategic Agreements for Cross Bali Uluwatu

RBy Rachel GreenMar 13, 20262 min read

Strategic Agreements for Cross Bali Uluwatu

PT THE CUBE GROUP has entered into a 12-year Hotel Management Agreement, including extension options, and a Technical Support Agreement with Cross Hotels & Resorts. These agreements pertain to the development of Cross Bali Uluwatu, a hospitality project located in Pecatu, Uluwatu.

The Cross Bali Uluwatu project will comprise approximately 120–130 keys. It is situated on an ocean-facing site and is part of the upper-upscale segment under the SONO Hotels and Resorts Asia brand, which is a division of the SONO Hospitality Group.

The land for the development is held under an Indonesian PT PMA structure with a Hak Guna Bangunan (HGB) title, ensuring secure foreign investment. The project has secured its building permit and is currently in the construction phase, with earthworks nearing completion. Infrastructure works are also progressing, and project documentation is being refined to meet brand operational standards and regulatory compliance.

Mikhail Silyachev, CEO and General Manager of PT THE CUBE GROUP, emphasized the focus on quality execution and value creation. The agreements facilitate early alignment with brand standards and operational requirements, ensuring disciplined governance throughout construction.

These agreements pertain to the development of Cross Bali Uluwatu, a hospitality project located in Pecatu, Uluwatu.
Rachel Green · Thehackingpost

Dauren Nurgaliev, Co-Founder and Director of PT THE CUBE GROUP, highlighted Bali's robust tourism fundamentals, making it an attractive destination for hotel investments. The aim is to deliver a project that adheres to international hospitality standards while contributing to the growth of Bali's real estate and tourism sector.

Marketing Director Fenty Prawiraatmadja stated that Cross Bali Uluwatu is designed to appeal to global travelers and the local community. The project aims to respect Bali's cultural identity and environment while enhancing the island's real estate and hospitality ecosystem.

PT THE CUBE GROUP is a Bali-based hospitality developer focused on capital-efficient projects within Indonesia's regulatory framework. The company combines international investment standards with local execution, ensuring durable performance in supply-constrained markets. Founded by professionals with international experience in real estate and cross-border transactions, the group integrates global structuring expertise with local advisory services.

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Business: PT THE CUBE GROUP Contact Name: Fenty Prawiraatmadja Contact Email: f.prawiraatmadja@cubebali.com Website: https://cubebali.com Address: Jalan Mamo No. 201, Pecatu, Kuta Selatan, Bali 80361 Country: Indonesia

Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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