Danantara Plans Total Overhaul of Hotel Sultan, Building May Be Demolished
Jakarta - The CEO of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), Rosan Roeslani, has outlined plans for the management of Hotel Sultan, located in Blok 15 of the Gelora Bung Karno (GBK) complex. This area is currently subject to a dispute over management rights between the government and PT Indobuildco.
Rosan explained that the plan is for the management of Hotel Sultan and the Blok 15 area to be handled by state-owned enterprises, either Injourney or The Meru. This will proceed once the dispute is resolved at the State Secretariat Ministry. “Yes, of course the management can use Injourney, The Meru. Meru is very good. That might be the plan,” Rosan told reporters at the Presidential Palace complex on Monday (22/6/2026).
Rosan elaborated that the GBK area, including Hotel Sultan, will become a new icon for Indonesia, necessitating a complete design overhaul. He also mentioned that the golf course and the entire GBK area, totalling 200 hectares, will be developed. Consequently, the possibility of demolishing the hotel, which was built in the 1970s, is not ruled out. “Yes, at this moment I cannot say for certain, but the plan is to make it a new area. Eventually, yes (it will be demolished),” Rosan stated, confirming when pressed further.
A grand concept has already been prepared by the government for the area. Rosan said the President wants the GBK complex to become a new Indonesian icon that delivers tangible impact to the economy and the Indonesian people. He mentioned that the concept to be adopted is likely sport tourism, building upon the sporting activities already established in the GBK area, with all aspects being upgraded. “We will perfect it to an international or world-class standard, so that it can also provide a new economic centre in Jakarta,” he explained.
On the same occasion, the Minister of Investment and Downstreaming/Head of BKPM stressed that Indonesia’s tourism potential is very large. However, it needs development in terms of comfort, logistics, transportation, accessibility, cleanliness, and other factors. Danantara will therefore play an active role in identifying new tourism destinations, especially as tourist arrivals in Indonesia still lag behind neighbouring countries like Malaysia, Thailand, and Singapore. The government also aims to increase the average spending of tourists in Indonesia.