Equatorial hotel acquired

Equatorial hotel acquired

JAKARTA (JP): The Equatorial Hotel has changed its name to
Millennium Sirih Jakarta following PT Tanahabang Indah Pratama's
recent sale of shares to a Singapore firm.

CDL Hotels International Ltd., a Singapore-based subsidiary of
Republic Hotels and Resorts Ltd., has bought an 80 percent stake
in Tanahabang Indah Pratama, which owns the 15-story hotel with
405 rooms, for US$13.8 million.

A CDL Hotels director, Edmond Ip, told reporters on Saturday,
that the hotel in Jakarta will join 25 hotels around the world
under the name of Millennium Hotels and Resorts.

The Millenium Sirih Jakarta hotel, located in Tanah Abang,
central Jakarta, opened in 1994. (icn)