Many hotels on drawing board despite doldrums<\/p>\n
JAKARTA (JP): While the hotel business in the city is in the
\ndoldrums, the supply of hotel rooms is expected to soar in the
\ncoming years.<\/p>\n
At least 28 hotel projects are already in the pipeline. As
\nmost of the projects will be completed before 2000, there are
\nconcerns about decreasing occupancy rates and greater competition
\namong hotels.<\/p>\n
These are the new hotel projects in Jakarta:<\/p>\n
1. Ancol Mal in Taman Impian Jaya Ancol, North Jakarta.<\/p>\n
An integrated development project consisting of a three-story
\nfive-star hotel, a four-story shopping center, an entertainment
\ncenter and a water park. Construction is expected to commence by
\nlate 1997 and be completed by 2005. Estimated cost: undisclosed.<\/p>\n
2. Athlete's Village on Jl. Lapangan Tembak, Senayan, Central
\nJakarta.<\/p>\n
A mixed development project comprising a 17-story, five-star
\nhotel, three office buildings of four or five stories, four five-
\nstory dormitories for athletes and a country club. The completion
\ndate is yet to be determined, but the village is preparing for
\nthe SEA Games in September 1997. Estimated cost: undisclosed.<\/p>\n
3. Hotel Cempaka Mayor on Jl. Rawasari, Central Jakarta.<\/p>\n
A 12-story, three-star hotel. Completion date: Late 1998.
\nEstimated cost: Rp 41 billion (US$18 million).<\/p>\n
4. Cipta Panghegar Heritage Hotel on Jl. Kali Besar Timur, West
\nJakarta.<\/p>\n
Conversion of three-story Cipta Niaga office building (a Dutch
\ncolonial building) into a 128-room hotel. Completion date: Late
\n1997. Estimated cost: Rp 40 billion (US$17 million).<\/p>\n
5. Hotel Conrad Jakarta International on Jl. Jendral Sudirman,
\nSouth Jakarta.<\/p>\n
An integrated development consisting of a 45-story tower
\ncontaining a five-star, 685-room hotel, a tower containing 130
\nserviced apartments and a five-level retail podium. Completion
\ndate: 1999. Estimated cost: $650 million.<\/p>\n
6.Family Center Ancol in Taman Impian Jaya Ancol, North Jakarta.<\/p>\n
A mixed development on reclaimed land comprising a hotel, a
\nshopping center, restaurants and a recreation center. Completion
\ndate: 2000. Estimated cost: undisclosed.<\/p>\n
7. FM 1 Hotel on Jl. S. Parman, West Jakarta.<\/p>\n
An 11-story, business class hotel with 92 rooms. Completion
\ndate: mid 1998. Estimated cost: undisclosed.<\/p>\n
8. Gading Mas on Jl. Perintis Kemerdekaan, Kelapa Gading, North
\nJakarta.<\/p>\n
A mixed development comprising a three-star hotel, several
\nfive-story office buildings -- including 160 strata-title office
\nunits -- and a shopping center. Construction dates have yet to be
\ndetermined. Estimated cost: undisclosed.<\/p>\n
9. Galeria Gajah Mada on Jl. Gajah Mada, West Jakarta.<\/p>\n
A mixed development comprising a 10-story, five-star hotel,
\nwith three levels of serviced apartments, a nine-story shopping
\ncenter and a 15-story car-park building. Completion date: 1999.
\nEstimated cost: US$65 million.<\/p>\n
11. Galeria Jakarta on Jl. Jendral Sudirman, South Jakarta.<\/p>\n
A mixed development comprising a 20-story five-star hotel with
\n427 rooms, a 45-story office tower, 70 serviced apartments, a
\nfive-story shopping center, a 15-story tower of 97 apartments.
\nCompletion date: 2000. Estimated cost: US$250 million.<\/p>\n
12. Grand Mercure Mahakam on Jl. Mahakam, Kebayoran Baru, South
\nJakarta.<\/p>\n
An eight-story, three-star hotel with 165 rooms. Completion
\ndate: mid-1998. Estimated cost: undisclosed.<\/p>\n
13. Mal Ciputra 1 on Jl. Prof. Dr. Satrio, South Jakarta.<\/p>\n
A mixed development including a four-star, 30-story hotel with
\n700 rooms to be operated by Ciputra Hotel, a five-star, 29-story
\nhotel with 400 rooms to be operated by Peninsular Hotel, a
\nshopping center and an entertainment center. Completion date:
\nlate 1999. Estimated cost: US$400 million.<\/p>\n
14. Menara Betawi: Phase 2 on Jl. K.H. Mas Mansyur, Central
\nJakarta.<\/p>\n
A mixed development including a four-star hotel and several
\noffice towers. Completion date is yet to be determined. Estimated
\ncost: undisclosed.<\/p>\n
15. Mitra Matraman on Jl. Matraman Raya, Central Jakarta.<\/p>\n
A mixed development comprising a 10-story three-star hotel
\nbuilding on a four-story shopping mall. The shopping mall will
\ncontain a department store, shops, a supermarket, restaurants and
\ncinemas. Completion date: late 1997. Estimated cost: US$72
\nmillion.<\/p>\n
16. Hotel Mitra Oasis on Jl. Senen Raya, Central Jakarta.<\/p>\n
A 16-story, three-star hotel with 298 rooms. Completion date:
\nlate 1997. Estimated cost: undisclosed.<\/p>\n
17. Moevenpick Hotel on Jl. Pecenongan, Central Jakarta.<\/p>\n
A 21-story hotel with 282 rooms. Completion date: early 1998.
\nEstimated cost: US$100 million.<\/p>\n
18. Omni Marco Polo Hotel in the Central Business District, on
\nJl. Jendral Sudirman, South Jakarta.<\/p>\n
A four-star, 25-story hotel with 400 rooms and a 20-story
\napartment tower. Completion date: mid-1998. Estimated cost: US$60
\nmillion.<\/p>\n
19. Plaza Kempiski Jakarta on Jl. Jendral Sudirman -- Jl. Karet
\nKebembem in South Jakarta.<\/p>\n
A 36-story building containing a 340-room hotel and 268
\napartments. Completion date: mid-1998. Estimated cost:
\nundisclosed.<\/p>\n
20. Plaza Modern on Jl. Gajah Mada, West Jakarta.<\/p>\n
A mixed development comprising a 21-story, 261-room Novotel
\nGajah Mada hotel tower on a seven-story shopping center and two
\n32-story apartment towers with 402 apartment units. Completion
\ndate: late 1997. Estimated cost: US$110 million.<\/p>\n
21. Plaza Pasifik on Jl. Raya Bulevard, Kelapa Gading, North
\nJakarta.<\/p>\n
A mixed development including a hotel, a convention center, a
\nshopping mall, apartment and office buildings. Construction to be
\ncompleted in the second quarter of 1997. Estimated cost:
\nundisclosed.<\/p>\n
22. Rekso International Hotel on Jl. Hayam Wuruk, West Jakarta.<\/p>\n
A 16-story hotel with 248 rooms. Construction to be completed
\nin the fourth quarter of 1997. Estimated cost: US$17 million.<\/p>\n
23. Ria Rio Pulomas in the Kawasan Pulomas, East Jakarta.<\/p>\n
A mixed development including a three-star hotel, four
\napartment towers and a recreation center. Completion date: 1999.
\nEstimated cost: US$120 million.<\/p>\n
24. Sahid Berkah on Jl. Jendral Sudirman, South Jakarta.<\/p>\n
A 45-story building in the Sahid City Superblock. The building
\nwill contain the 650-room, five-star Sahid Perdana Hotel which
\nwill be attached to the existing Hotel Sahid. Construction is to
\nbe completed in late 1998. Estimated cost: $175 million.<\/p>\n
25. Santika Nusa Jaya Hotel on Jl. K.S. Tubun, Central Jakarta.<\/p>\n
A 12-story, four-star hotel with 311 rooms. Completion date:
\nmid-1997. Estimated cost: US$40 million.<\/p>\n
26. Sentral Mulia on Jl. Rasuna Said, Mega Kuningan, South
\nJakarta.<\/p>\n
A mixed development with a 32-story five-star hotel, a 21-
\nstory office building and a 32-story apartment building.
\nCompletion date: December 1998. Estimated cost: undisclosed.<\/p>\n
27. Sheraton Danamon on Jl. Jendral Sudirman, South Jakarta.<\/p>\n
A high-rise, five-star hotel with 500 rooms to be located at
\nthe Anggana Danamon site. Completion date: late 1998. Estimated
\ncost: undisclosed.<\/p>\n
28. The Westin Jakarta on Jl. Jendral Sudirman, South Jakarta.<\/p>\n
A five-star, 32-story hotel with 550 rooms. Completion date:
\nmid-1998. Estimated cost: US$100 million.<\/p>\n
Source: Major Building Projects -- Indonesia, Burwood Publishing
\nPty. Ltd., Australia, June-December edition 1996.<\/p>",
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