Hotel Sahid Jaya International Tbk.
Code | : | SHID |
Name | : | Hotel Sahid Jaya International Tbk. |
Type | : | Emiten |
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Address |
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Businnes | : | Hotel Business Center |
Sector Code | : | E. Consumer Cyclicals |
Sector Name | : | E5 |
Industry | : | E51 |
Sub Industry | : | E512 |
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Company Status | : | PMDN |
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Foundation Status | : | 1969-05-23 |
Brief of Company Background
The company owns and manages a 439 room hotel on a 3.3 Ha site in Jalan Sudirman, Jakarta. The company expanded its operation by constructing the Sahid Jaya Tower, an additional hotel of 312 rooms adjacent to the existing property. The US$ 40 million loan granted by 14 Singapore based financial institution to the hotel was used towards the construction of Menara Sahid a 38 story building project. From 50% in 1998, room occupancy declined to only approximately 20% in 1998. The lowest occupancy was in June 1998, in the aftermath of the May riots.
Shareholder List
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Management