Sheraton to manage four more hotels

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)