Sahid Jaya completes refurbishment<\/p>\n
JAKARTA (JP): Sahid Jaya Hotel & Tower, a subsidiary of the
\nSahid Group, will be officially reintroduced on Thursday after
\nthe completion of the bulk of its extensive renovation work.<\/p>\n
\"The renovation of the 752-room hotel will be fully completed
\nby the end of this year,\" Sahid chairman Sukamdani Sahid
\nGitosardjono told a press conference here yesterday.<\/p>\n
He said that the renovation, costing Rp 40 billion (US$18.54
\nmillion), included both the hotel's interior and exterior designs
\nand the construction of additional facilities.<\/p>\n
\"We expect the refurbishment will elevate the class of our
\nhotel to the category of a five-star plus hotel,\" he said.<\/p>\n
According to Sukamdani, several facilities will soon be
\nconstructed including a ballroom called Puri Agung II, a spacious
\nparking lot and two restaurants.<\/p>\n
\"The renovation is actually part of the construction of Sahid
\nCity Super Bloc which will be completed in 1998,\" he said.<\/p>\n
He said that the super bloc nearby the hotel commands a 5.7-
\nhectare area on Jl. Sudirman and Jl. K.H. Mas Mansyur.<\/p>\n
The super bloc will include office buildings, a new five-star
\nhotel named Grand Sahid Plaza and apartment towers.<\/p>\n
\"The construction of the new 500-room hotel and office
\nbuildings will cost about $200 million,\" he said.<\/p>\n
Sukamdani, however, declined to give further details as to how
\nhe would finance the expansion projects, but he claimed that the
\noccupancy rate of Sahid Jaya is currently 86 percent.<\/p>\n
There are currently 12 hotels owned and managed by Sahid,
\nincluding those in Jakarta, Surakarta, Central Java, Yogyakarta,
\nBali, Surabaya, East Java, Lampung and Manado, North Sulawesi and
\nSorong, Irian Jaya.<\/p>\n
Management<\/p>\n
Sukamdani said that a total of 15 star-rated hotels with 3,195
\nrooms in 15 provinces will be owned and managed by the group
\nwithin the next four years.<\/p>\n
\"We will also expand and renovate several hotels, including
\nthose in Bali and Surakarta,\" he said.<\/p>\n
\"I set up Sahid International Hotel Management and Consultant
\nCorporation on May 27 to manage the overseas expansion of the
\nSahid Hotel chain in the country,\" he said.<\/p>\n
\"Why can't a domestic company manage hotels overseas?\" he
\nasked rhetorically.<\/p>\n
He said that Sahid will expand its sales offices in Singapore,
\nthe Netherlands, Germany, the United States and Japan, as
\nrepresentatives of the new company.(icn)<\/p>",
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