{"id":243134,"date":"2026-03-13T12:21:13","date_gmt":"2026-03-13T12:21:13","guid":{"rendered":"https:\/\/evertise.net\/?p=131872"},"modified":"2026-03-13T12:21:13","modified_gmt":"2026-03-13T12:21:13","slug":"pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/","title":{"rendered":"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu"},"content":{"rendered":"<p><i><span style=\"font-weight: 400\">PT THE CUBE GROUP has signed a 12-year Hotel Management Agreement, with extension options, and a Technical Support Agreement with Cross Hotels &amp; Resorts for its Bali-based hospitality development, branded as Cross Bali Uluwatu.<\/span><\/i><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-131873\" src=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg\" alt=\"\" width=\"999\" height=\"522\" srcset=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg 999w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50-300x157.jpg 300w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50-768x401.jpg 768w\" sizes=\"(max-width: 999px) 100vw, 999px\" \/><\/p>\n<p><span style=\"font-weight: 400\">The project,\u00a0 <\/span><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">Cross Bali Uluwatu<\/span><\/a><span style=\"font-weight: 400\">, will comprise approximately 120\u2013130 keys and is located on an ocean-facing site in Pecatu, Uluwatu. It is positioned within the upper-upscale segment of CROSS\u2019 portfolio and operates under SONO Hotels and Resorts Asia, part of SONO Hospitality Group, a hospitality platform with a growing presence across Asia-Pacific.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The land is held under an Indonesian PT PMA structure with Hak Guna Bangunan (HGB) title, the most secure for foreigners to invest in Indonesia. The development has secured its building permit and has entered the construction phase, with earthworks nearing completion and infrastructure works advancing on site. Project documentation continues to be refined in alignment with brand operational standards and full regulatory compliance as execution progresses. According to <\/span><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">CUBE Group Bali<\/span><\/a><span style=\"font-weight: 400\">, the asset is structured as a long-term hospitality development with a focus on disciplined execution, capital efficiency, and value creation, while integrating responsibly into Bali\u2019s cultural and environmental context.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cCross Bali Uluwatu is being delivered with a clear focus on execution quality and value creation,\u201d said Mikhail Silyachev, CEO and General Manager of PT THE CUBE GROUP. \u201cThese agreements allow us to align brand standards and operational requirements early, while maintaining disciplined governance throughout the construction phase.\u201d<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Cube Group Bali CROSS Bali Uluwatu\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/53SizRQWORs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-131874\" src=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/51-2.jpg\" alt=\"\" width=\"999\" height=\"522\" srcset=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/51-2.jpg 999w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/51-2-300x157.jpg 300w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/51-2-768x401.jpg 768w\" sizes=\"auto, (max-width: 999px) 100vw, 999px\" \/><\/p>\n<p><span style=\"font-weight: 400\">Dauren Nurgaliev, Co-Founder and Director of PT THE CUBE GROUP, said Bali remains one of Southeast Asia\u2019s most dynamic hospitality markets and continues to attract international capital. \u201cBali\u2019s tourism fundamentals remain strong, making it a compelling destination for <\/span><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">hotel Investment<\/span><\/a><span style=\"font-weight: 400\"> and international investors looking to <\/span><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">invest in Bali<\/span><\/a><span style=\"font-weight: 400\">. Our goal is to deliver a project that reflects international hospitality standards while contributing to the long-term growth of the <\/span><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">Bali Real estate<\/span><\/a><span style=\"font-weight: 400\"> and tourism sector.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Fenty Prawiraatmadja, Marketing Director of PT THE CUBE GROUP, added: \u201cCross Bali Uluwatu is designed to resonate with both global travelers and the local community. As interest in hotel investment and opportunities to invest in Bali continues to grow, we are proud to see the project progress in a way that respects Bali\u2019s cultural identity and environment while contributing positively to the island\u2019s Bali real estate and hospitality ecosystem.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">The company said the project follows a long-term development approach that combines international investment standards with local execution and advisory integration.<\/span><\/p>\n<p><b>About PT THE CUBE GROUP<\/b><\/p>\n<p><span style=\"font-weight: 400\">PT THE CUBE GROUP is a Bali-based hospitality developer focused on capital-efficient projects designed to deliver long-term, risk-adjusted returns within Indonesia\u2019s regulatory framework. The company integrates international investment standards with local execution, positioning its assets for durable performance in supply-constrained markets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Established by internationally experienced founders in real estate, land development, and cross-border transactions, the Group has built a multicultural team operating on the ground in Bali. Its model combines global structuring expertise with local advisory integration, enabling projects to navigate regulatory complexity while maintaining institutional discipline. Operating under the principle of Community, Culture, Capital, PT THE CUBE GROUP positions development not only as asset creation, but as structured long-term value aligned with local context and international capital expectations.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For further information, media enquiries, or strategic and professional collaboration related to Cross Bali Uluwatu and other CUBE developments, please see the contact details listed below.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Contact Details:<\/span><\/p>\n<p><b>Business: <\/b><span style=\"font-weight: 400\">PT THE CUBE GROUP<\/span><\/p>\n<p><b>Contact Name:<\/b><span style=\"font-weight: 400\"> Fenty Prawiraatmadja<\/span><\/p>\n<p><b>Contact Email:<\/b><span style=\"font-weight: 400\">\u00a0 f.prawiraatmadja@cubebali.com<\/span><\/p>\n<p><b>Website: <\/b><a href=\"https:\/\/cubebali.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">https:\/\/cubebali.com<\/span><\/a><\/p>\n<p><b>Address: <\/b><span style=\"font-weight: 400\">\u00a0<\/span><span style=\"font-weight: 400\">Jalan Mamo No. 201, Pecatu, Kuta Selatan, Bali 80361<\/span><\/p>\n<p><b>Country: <\/b><span style=\"font-weight: 400\">\u00a0Indonesia<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PT THE CUBE GROUP has signed a 12-year Hotel Management Agreement, with extension options, and a Technical Support Agreement with Cross Hotels &amp; Resorts for its Bali-based hospitality development, branded as Cross Bali Uluwatu. The project,\u00a0 Cross Bali Uluwatu, will comprise approximately 120\u2013130 keys and is located on an ocean-facing site in Pecatu, Uluwatu. It [\u2026] <a href=\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":271,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":["post-243134","post","type-post","status-publish","format-standard","hentry","category-ips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business\" \/>\n<meta property=\"og:description\" content=\"PT THE CUBE GROUP has signed a 12-year Hotel Management Agreement, with extension options, and a Technical Support Agreement with Cross Hotels &amp; Resorts for its Bali-based hospitality development, branded as Cross Bali Uluwatu. The project,\u00a0 Cross Bali Uluwatu, will comprise approximately 120\u2013130 keys and is located on an ocean-facing site in Pecatu, Uluwatu. It [\u2026] Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-13T12:21:13+00:00\" \/>\n<meta name=\"author\" content=\"Evertise\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Evertise\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\",\"name\":\"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg\",\"datePublished\":\"2026-03-13T12:21:13+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/02176def5777c27b30102772b94615ca\"},\"breadcrumb\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage\",\"url\":\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg\",\"contentUrl\":\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/02176def5777c27b30102772b94615ca\",\"name\":\"Evertise\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d79ec50bebdc68a4ebc6cfc341e0920ba7b507bde39945491ca6dec05d097ed7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d79ec50bebdc68a4ebc6cfc341e0920ba7b507bde39945491ca6dec05d097ed7?s=96&d=mm&r=g\",\"caption\":\"Evertise\"},\"sameAs\":[\"http:\/\/evertise.net\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/evertise\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/","og_locale":"en_US","og_type":"article","og_title":"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business","og_description":"PT THE CUBE GROUP has signed a 12-year Hotel Management Agreement, with extension options, and a Technical Support Agreement with Cross Hotels &amp; Resorts for its Bali-based hospitality development, branded as Cross Bali Uluwatu. The project,\u00a0 Cross Bali Uluwatu, will comprise approximately 120\u2013130 keys and is located on an ocean-facing site in Pecatu, Uluwatu. It [\u2026] Continue Reading &rarr;","og_url":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/","og_site_name":"Business","article_published_time":"2026-03-13T12:21:13+00:00","author":"Evertise","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Evertise","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/","url":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/","name":"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage"},"image":{"@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage"},"thumbnailUrl":"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg","datePublished":"2026-03-13T12:21:13+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/02176def5777c27b30102772b94615ca"},"breadcrumb":{"@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#primaryimage","url":"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg","contentUrl":"https:\/\/evertise.net\/wp-content\/uploads\/2026\/03\/50.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/ipsnews.net\/business\/2026\/03\/13\/pt-the-cube-group-announces-strategic-agreements-with-cross-hotels-resorts-for-cross-bali-uluwatu\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"PT THE CUBE GROUP Announces Strategic Agreements with Cross Hotels &amp; Resorts for CROSS Bali Uluwatu"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/02176def5777c27b30102772b94615ca","name":"Evertise","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d79ec50bebdc68a4ebc6cfc341e0920ba7b507bde39945491ca6dec05d097ed7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d79ec50bebdc68a4ebc6cfc341e0920ba7b507bde39945491ca6dec05d097ed7?s=96&d=mm&r=g","caption":"Evertise"},"sameAs":["http:\/\/evertise.net"],"url":"https:\/\/ipsnews.net\/business\/author\/evertise\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/243134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/271"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=243134"}],"version-history":[{"count":2,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/243134\/revisions"}],"predecessor-version":[{"id":243144,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/243134\/revisions\/243144"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=243134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=243134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=243134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}