way off topic now but the IC is located on prime real estate in Bali, and has direct access to a significant stretch of white sand beach (which is very rare now). Prime beachside land in Bali's south could easily fetch USD1,700 per metre, and it's incredibly hard to find a good plot of land like that of good size in that area. Take for example the neighbouring Le Meridien is placed on a very awkwardly shaped plot without direct beach access.

Add to that land a huge, recently renovated 5-star hotel -- I think that might be a pretty good price for what it is... if you're in the market for one that is

Even the upcoming Trump Residences (erhm) up north (in an admittedly in a less prime but still very prestigious area) in Tabanan is going for 2,000,000 to 5,000,000 dollars per unit (500m^2 to 1000m^2) and doesn't come with a beach hahah