Sahid Group to manage six more hotels
Sahid Group to manage six more hotels
JAKARTA (JP): The Sahid Group, one of the country's leading business groups, will manage six more hotels throughout the country through its newly-established hotel chain, PT Sahid International Hotel Management & Consultant.
The management contracts for the six hotels were signed shortly after the new firm was launched by Coordinating Minister for Production and Distribution Hartarto here over the weekend.
The six star-rated hotels to be managed by Sahid International are Sahid Lippo in Cikarang, east of here, Sahid Makasar in Ujungpandang, South Sulawesi, Sahid Tamara and Sahid Istana, both in Lombok, West Nusa Tenggara, Sahid Ratu in Pekanbaru, Riau, and Sahid Topas in Bandung, West Java.
Sahid Group's chairman, Sukamdani Sahid Gitosardjono, said that the new subsidiary, set up with an investment of Rp 50 billion (US$21.7 million), will also manage the group's existing portfolio of 13 star-rated hotels in 10 provinces with a total of 2,645 rooms.
Sukamdani said that by 1998, the number of Sahid hotels would increase to 22 with 4,798 rooms as the new firm plans to manage two more hotels in Mecca and Medina, both in Saudi Arabia, and another one in Indonesia.
Management fee
"We have to admit that the presence of overseas hotel chains in Indonesia has helped improve our professionalism in hotel management. But we have to remember as well that the hotel owners have to pay management fees to the foreign firms," Sukamdani said.
The more hotels in the country managed by overseas chains, the more foreign exchange would be spent, he added.
"In March 1994, there were 30 overseas hotel management firms operating in Indonesia. The number has now reached 48," he said.
There were currently only 11 domestic hotel chains in the country, he added.
He said that domestic hotel management firms had now begun to compete against the foreign ones.
Among the leading domestic hotel chains are Hotel Indonesia International & Natour, Aerowisata -- both state-owned companies -- Hotel Santika, Intan Hotels and Resorts, Horison and Griya Wisata.
Meanwhile, Sahid International's vice president, Yanti S. Hardjoprakoso, said that the management fee required by her company would range between 1.5 percent and 3 percent of the hotel's annual sales revenues.
"The specific figure will depend on the classification, whether a property is a three-star, four-star or five-star hotel," she said.
She said that the new company manages hotels on the basis of joint venture or operating-and-management agreements.
The new company can help as well to develop and refine a client's hotel sales and marketing through an alliance, under which its reservation system can be linked with Sahid's central reservation system and corporate marketing office in the city and its sales and representative offices in Singapore, Britain, France and the United States. (icn)