Indonesian Political, Business & Finance News

Pecatu builds more hotels

| Source: JP

Pecatu builds more hotels

JAKARTA (JP): PT Bali Pecatu Graha, a tourist resort developer
in Bali, has signed an agreement with ANA Hotels International of
Japan to jointly develop and manage a four-star hotel in
Jimbaran.

The planned hotel, to be called ANA Hotel Bali, will be ANA's
first in Bali and second in Indonesia, Pecatu said in a statement
yesterday.

The US$80 million hotel project is scheduled to open by the
year of 2000. The four-star hotel will have 400 rooms.

ANA Hotels is affiliated with Air Nippon Airways, which ranks
among the world's top 10 airlines in passenger volume.

Pecatu, controlled by businessman Hutomo (Tommy) Mandala
Putra, owns a 650-hectare plot in Jimbaran which is being
developed into a $1.6 billion integrated tourist resort.

The company has previously collaborated with Westin Hotels and
Resorts of the United States to develop and manage another
luxurious hotel on the southwestern coast of Bali. (icn)

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