Indonesian Political, Business & Finance News

Aerowisata plans to expand

| Source: JP

Aerowisata plans to expand

JAKARTA (JP): Local hotel chain PT Aerowisata plans to buy
more hotels in Bali this year despite the gloomy outlook for the
tourist industry in the country.

Aerowisata's executive vice president Toto K. Sugiarto said on
Thursday that the company planned to buy, or become partners in
equity sharing contracts, one or two hotels in Bali this year.

"During the economic crisis only Bali will attract more
tourists, so we decided to manage one or two more hotels there,"
he said.

He added that the new hotels would focus on attracting
European visitors; a segment of the industry which is expected to
grow this year.

The company, a subsidiary of state flag carrier Garuda
Indonesia, currently manages three hotels: Hotel Sanur Beach in
Bali; Hotel Senggigi Beach in Lombok, West Nusa Tenggara and
Grand Hotel Preanger in Bandung, West Java. (gis)

View JSON | Print