although there is no mention of the previous property's name, based on location in Tuban and size of property with beachfront location, I suspect that this will almost certainly be the now defunct Bali Hai Resort.
(from Travel Mole Asia)
ONE PLUS TWO FOR IHG IN BALI
06 March, 2008
SINGAPORE - - IHG is expanding its resort portfolio in Bali with the signing of the InterContinental Bali Sanur Beach Resort and a Holiday Inn Resort on Tuban.
InterContinental Bali Sanur Beach Resort, managed on behalf of PT Restu Maharani, is scheduled to open in late 2009. The new-build resort will occupy seven hectares of beachfront property at Sanur village.
The resort's 104 rooms and suites will be located in low-rise cluster pavilions and will be complemented by 54 private villas, all featuring private pools with underwater seating, outdoor showers and private landscaped courtyards.
InterContinental Bali Sanur Beach Resort will be the second InterContinental hotel on the island and sister property to the 418-room InterContinental Bali Resort on Jimbaran Bay.
The Holiday Inn Resort on Tuban is a 200-room property set on three hectares of Balinese gardens with direct beach access. Managed by IHG on behalf of PT Menara Perdana, the resort's opening later this year will mark the Holiday Inn brand's entry to the island.
Extensive refurbishments are underway to bring the property to Holiday Inn Resort brand standards. Facilities will include a Tea Tree Spa and a kids' club with extensive outdoor play area.
Jan Smits, chief operating officer, southern Asia and Korea, IHG Asia Pacific said, 'Bali is one of Asia's most popular destinations, attracting high-spending leisure travellers, corporate meeting attendees as well as families.
'IHG already manages a successful InterContinental resort on Jimbaran Bay and with these two new hotels, our guests can look forward to more choice of accommodations across two brands in three unique locations.'