Indonesian Political, Business & Finance News

Hotel management pact

Hotel management pact

JAKARTA (JP): PT Kencana Semesta, a member of the Tata Group, signed here yesterday a management contract with Park Lane Hotels International of Hong Kong for its US$75 million Resor Carita Laguna Hotel in West Java.

The agreement was signed by Yohaness Sucipto, a director of Kencana Semesta, and Kenneth Mullen, an executive of Park Lane Hotels International.

Susila B. Moeffreni, the president of PT Procon Indah, the hotel's sole marketing agent, said that the four-star hotel is now being constructed and will start operating in December next year.

He said the hotel will consist of 304 villas in Balinese and Caribbean styles.(04)

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