Indonesian Political, Business & Finance News

Insurance firm opens hotel

| Source: JP

Insurance firm opens hotel

JAKARTA (JP): Asuransi Jiwa Bersama Bumiputra 1912, a mutual
insurance company, will open a three-star hotel in Depok, West
Java, next week.

The company's president, Suratno Hadisuwito, said here
yesterday that Hotel Bumi Wiyata will be operated by PT Sarana
Horeca Tiara, a private hotel management company.

The hotel, constructed with an investment of Rp 22 billion
(US$10.34 million), will offer 78 rooms of standard, superior and
suite types.

The company owns a 65 percent stake in PT Bumi Modern Hyatt,
which operates the Hyatt Regency Hotel in Surabaya, East Java.
(icn)

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