Sultan Hotel Management Invites Parties to Seek Resolution Through Dialogue
Jakarta, VIVA - Ponco Sutowo, owner of PT Indobuildco, has questioned why the Sultan Hotel is facing issues despite its adherence to legal and administrative regulations in its business operations. Ponco made the statement during a political podcast with Akbar Faisal.
“I am much more compliant in terms of legal and administrative matters,” Ponco said, quoted on Friday, May 15, 2026.
According to him, the hotel’s operations have generated significant revenue. He stated that the hotel’s business activities not only impact the company but also contribute to state revenue, employment, tenants, and other parties dependent on the hotel’s operations.
Ponco believes that resolving the dispute should be done through dialogue and negotiation. He affirmed that PT Indobuildco remains open to discussions to find a solution that is considered fair to all parties.
“Let’s sit down. The problem can only be resolved through negotiation. There is no other way,” he said.
Ponco added that entrepreneurs are not only focused on profit but also have a responsibility towards national development. He believes that legal certainty is an important factor for the sustainability of investment and business in Indonesia.
“Entrepreneurs are not just looking for profit. We have a responsibility towards the development of the country,” Ponco said.
Meanwhile, Hamdan Zoelva, legal counsel for PT Indobuildco, emphasized that the object of the Sultan Hotel dispute is the land, not the building or the hotel business.
Hamdan stated that the Sultan Hotel building was built independently by PT Indobuildco and not using a Build, Operate, Transfer (BOT) scheme.
“The dispute is about the land, not the building. This building was built independently by PT Indobuildco, not with state funds and not under a BOT scheme,” he said.
Hamdan reminded that in the 2011 court ruling, the parties were encouraged to pursue a negotiation path to avoid harming investors.
“In the 2011 court ruling, one of the considerations was to ask the parties to negotiate. Why? To prevent investors from suffering losses,” he said.
PT Indobuildco affirmed that it is not opposing and remains open to dialogue to find a resolution that is considered fair, complies with the law, protects investment, and does not harm workers, tenants, business partners, or state revenue.
“The land dispute should not be used as a means to take over the Sultan Hotel building and business. If the hotel’s operations are shut down, the state, workers, tenants, and the business world will all suffer,” he added.