{
    "success": true,
    "data": {
        "id": 1702611,
        "msgid": "who-owns-the-sari-pacific-hotel-on-jalan-thamrin-it-belongs-to-a-state-owned-enterprise-1777265493",
        "date": "2026-04-27 11:15:15",
        "title": "Who Owns the Sari Pacific Hotel on Jalan Thamrin? It Belongs to a State-Owned Enterprise",
        "author": "Muhammad Idris",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Business",
        "summary": "The Sari Pacific Hotel in Jakarta, a legendary establishment in the prime Sudirman-Thamrin business district, is owned by PT Sariarthamas Hotel International, a joint venture between state-owned enterprise PT Sarinah and private firm PT Parna Jaya, each holding 50% shares following a 2021 settlement of a prior ownership dispute. Originally established in the 1970s, the hotel now operates under Marriott International's Autograph Collection brand since 2022, preserving its unique identity while serving high-profile guests. This partnership highlights the role of SOEs in Indonesia's hospitality sector amid evolving international affiliations.",
        "content": "<p>The Sari Pacific Jakarta Hotel is one of the legendary hotels that\nhas long been part of the capital\u2019s hospitality landscape. Its location\nis highly strategic, situated in the MH Thamrin Street area in Central\nJakarta, right in the heart of the Sudirman-Thamrin business corridor.\nThe hotel was first established in the 1970s and became one of the\nstarred hotels serving important guests from both domestic and\ninternational backgrounds. Over time, the Sari Pacific Hotel now\noperates under the international network of Marriott International and\nis part of the Autograph Collection Hotels network. Autograph Collection\nis a group of independent upscale to luxury hotels from the United\nStates, part of Marriott International\u2019s portfolio. The owner of the\nSari Pacific Jakarta Hotel is PT Sariarthamas Hotel International (PT\nSHI). This company is a joint venture or partnership between two\ncompanies. Meanwhile, the remaining 50% is owned by PT Sarinah\n(Persero), a state-owned enterprise engaged in trading. In 2007, Parna\nJaya and Sarinah were involved in a dispute over the ownership of the\nluxury hotel. The two companies sued each other in court. Quoting\nKompas.com\u2019s news archive from 4 May 2021, the dispute arose when\nSarinah entered as a shareholder of PT SHI based on the Joint Venture\nCooperation Agreement, which was then formalised in a Basic Agreement\ndated 30 September 1970. In 2007, Parna Jaya joined as a shareholder of\nPT SHI alongside Sarinah by acquiring shares previously held by PT\nKonsultasi Pembangunan Semesata, Tokyo Corporation, and Sojitz\nCorporation shares. Sarinah and Parna Jaya then entered into a\nCooperation Agreement known as the Sarinah-Parna Agreement on 25 July\n2007, which later became problematic. However, in 2021, the two\ncompanies agreed to settle. Based on the agreement, both parties agreed\nto each own 3,750 shares or equivalent to 50% and 50%. On 10 November\n2022, the hotel officially joined the global Marriott International\nnetwork and became part of the Autograph Collection. Since then, its\nofficial name has changed to Sari Pacific Jakarta Autograph Collection,\nwith a concept that embraces a unique and exclusive identity in line\nwith the spirit of \u201cExactly Like Nothing Else\u201d.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/who-owns-the-sari-pacific-hotel-on-jalan-thamrin-it-belongs-to-a-state-owned-enterprise-1777265493",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}