{
    "success": true,
    "data": {
        "id": 13391,
        "msgid": "ritz-carlton-postpones-us65-mln-hotel-project-in-indonesia-1233972929",
        "date": "2009-02-07 09:15:29",
        "title": "Ritz-Carlton postpones US$65 mln hotel project in Indonesia",
        "author": "",
        "source": "ANT",
        "tags": "business",
        "topic": null,
        "summary": "Jakarta (ANTARA News\/Asia Pulse) - The Ritz-Carlton Hotel Company and the Sahid Group have decided to shelve a resort and hotel project on Bintan island south of Singapore due to the global financial crisis. The Ritz Carlton planned to build the first five-star hotel in the Lagoi resort area with an investment of around US$65 million this year, PT Bintan Resort Cakrawala, the operator of the resort area, said.",
        "content": "<p>Jakarta (ANTARA News\/Asia Pulse) - The Ritz-Carlton Hotel Company and the Sahid Group have decided to shelve a resort and hotel project on Bintan island south of Singapore due to the global financial crisis.<\/p>\n<p>The Ritz Carlton planned to build the first five-star hotel in the Lagoi resort area with an investment of around US$65 million this year, PT Bintan Resort Cakrawala, the operator of the resort area, said.<\/p>\n<p>Yanti Sukamdani, a commissioner of the Sahid Group, said despite the postponement, the Lagoi project will remain the main target of expansion of its hotel business.<\/p>\n<p>In 2008, around 397,000 tourists visited Lagoi and this year the number is expected to be at least the same, Asad was quoted as saying by the newspaper Bisnis Indonesia.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ritz-carlton-postpones-us65-mln-hotel-project-in-indonesia-1233972929",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}