Sheraton to manage four more hotels

JAKARTA (JP): The ITT Sheraton Corporation plans to manage four more Sheraton hotels in Indonesia within the next two years, an executive of the hotel chain said yesterday.

Vice President Bruce McKenzie said the four hotels are being built in Jakarta, West Java, Yogyakarta and Medan, with total investment of around $150 million.

"With the opening of the new hotels, we are expecting a 25 percent increase in the 1997 total revenue for the ITT Sheraton Indonesia," McKenzie told The Jakarta Post.

One of the four hotels is the Sheraton Media Hotel and Towers in North Jakarta, owned by PT Grahasahari Suryajaya. The hotel will open in January next year, said Sharlene Dadd, sales director for the Jakarta office.

The other three are the Sheraton Mustika in Yogyakarta, the Sheraton Bukit Pelangi Country Club & Resort in Sentul, West Java, and the Sheraton Media Hotel and Towers in Medan, she said.

The Yogyakarta hotel, owned by PT Mustika Princess Hotel, will open in April. The Sentul hotel, owned by PT Bahana Bukit Pelangi, will open in July next year and the one in Medan owned by PT Citrasarana Graha will open in September 1998.

"All of the four will be of five-star rating and each will have 220 to 369 rooms," she said.

The four hotels will add to the nine Sheraton hotels already operating in Indonesia, she told Indonesian travel agents.

The nine ITT Sheraton hotels in Indonesia are located in Lampung, Bandung, Jakarta, Solo, Surabaya, Bali, Lombok and Timika in Irian Jaya.

In the Asia-Pacific region, the ITT Sheraton Corporation operates 49 hotels, 35 in 12 Asian countries and 14 in Pacific countries including Australia.

The ITT Sheraton Asia-Pacific division plans to open 20 more hotels in the region, including the four hotels in Indonesia, before the year 2000. (04)