Indonesian Political, Business & Finance News

Video: Chasing Profit in an Era of Uncertainty, Hotels Focus on Boosting Occupancy

| Source: CNBC Translated from Indonesian | Property
Video: Chasing Profit in an Era of Uncertainty, Hotels Focus on Boosting Occupancy
Image: CNBC

Jakarta, CNBC Indonesia - Property issuer PT DMS Propertindo Tbk (KOTA) is optimistic that it can record net profit growth through to the end of 2026, supported by its hospitality and real estate business segments. President Director of PT DMS Propertindo Tbk (KOTA), Mohamad Prapanca, said that adapting to market direction and consumer tastes is key for the property business to maintain market demand. Currently, KOTA operates a hospitality business through four hotels in Bandung, Yogyakarta and Bali, where increasing occupancy is KOTA’s strategy for sustaining its hotel business. In addition, KOTA is also carrying out a number of projects related to the Kemayoran Golf Course, the construction of a sports hub in BSD, and a hospital and education ecosystem project in Surabaya.

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