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Indonesian Developer SSIA Adding 4,000 Rooms

Category: Hotels, Posted:27 Nov 2012 | 06:00 am

Listed Indonesian development company PT Surya Semesta Internusa are set to invest in 35 new budget hotels in the country.
According to news in the Jakarta Post the group, which owns upscale Gran Melia branded hotels in Jakarta and Bali is making a strategic decision to focus domestic oriented low-cost properties.
There currently is a rash of new brand roll out's in the booming Indonesian budget sector and I will be interesting to see what happens once the dust settles after a massive influx of new supply.

Other News

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UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
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Noku Hotels Open Fourth Hotel, This Time It’s Phuket

Category: Hotels, Posted:10 Sep 2022 | 21:07 pm Boutique hotel group Noku has opened its fourth property, with Phuket as its latest destination. The Noku Phuket features 91 villas and lofts, overlooking Chalong Bay. Its sustainable design has earned it a Green Mark Gold Award. The group also operates properties in Maldives, Kyoto, and Osaka. Noku Hotels was founded by  Chris Teo of […]
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Radisson Re-Enters Phuket Hotel Market

Category: Hotels|Real estate, Posted:10 Sep 2022 | 13:49 pm Global brand Radisson has returned to Phuket with a 179-key property in Kamala, owned by the Destination Group. The Radisson Resort and Suites Phuket is a conversion of the former Swissotel, which had been managed by ACCOR. It is an all-suite property with one, two and three bedroom units. Nearby the hotel, the large-scale tourism […]
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