The Hyatt Place officially operates Hyatt Place Makassar in Indonesia, located at Jl. Jend Sudirman 31, South Sulawesi, on Saturday (17th February). This hotel is the third property collaboration between Paradise Indonesia and Hyatt Hotels Corporation. In developing the 31 floors hotel, Paradise Indonesia collaborated with PT Rifai Maju Properti, a local developer with Rp250 billion investment. The hotel is targeted to achieve 45%-55% occupancy rate from the total of 145 rooms in its first operational year.