Indonesian Political, Business & Finance News

Ancol has new hotel

| Source: JP

Ancol has new hotel

JAKARTA (JP): The Ancol Dreamland in North Jakarta yesterday
opened a new four-star hotel offering facilities for business
people and tourists.

The 309-room hotel, called Ancol Travelodge, is operated by
Southern Pacific Hotel Corporation (SPHC) of Australia, which
manages 75 hotels in 11 countries.

The hotel's general manager Edwin Bucher said here yesterday
that he expects a 60 percent occupancy rate in the first year of
operation.

The US$49 million hotel is owned by Jan Dharmadi, who also
controls the Grand Hyatt Bali hotel.

Besides the new hotel, Ancol also has the four-star Horison
Hotel and three-star Putri Duyung cottages.

Bucher said that SPHC, which operates hotels under the brand-
names of Travelodge, Centra and Parkroyal, plans to open three
other hotels in Jakarta, Surabaya and Malang in East Java.(icn)

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