Renovating Bali hotel, SSIA secures IDR 1.4 trillion facility from BCA
09 Jan 2025 10:29
"There will be no operating income from Melia Bali Hotels & Resorts in 2025 due to the ongoing renovation."
In need of extra cash, APLN to divest Pullman Ciawi
18 Nov 2024 18:11
PT Putra Adhi Prima (PAP), a subsidiary of PT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow.
Recurring income reaches 90%, INPP profit increases 121%
01 Nov 2024 18:53
PT Indonesian Paradise Property Tbk (INPP) continues to record performance improvements until the end of September 2024, even recording a 121% year-on-year (yoy) increase in profit for the current year.
Eastparc Hotel’s net profit slowed down 9.7% in the first half
11 Oct 2024 13:16
PT Eastparc Hotel Tbk (EAST), the 5-star hotel management company in Yogyakarta, only scored net profit of IDR 23.32 billion in the first half (H1) of 2024.
Surya Semesta Internusa raises marketing target three times, eyeing 182% net profit surge
29 Aug 2024 16:03
Noticing promising prospect for its industrial area, PT Surya Semesta Internusa Tbk (SSIA), a property, construction, and hospitality company, has raised marketing target for Suryacipta City of Industry, Karawang, and Subang Smartpolitan for 2024.
MotoGP Mandalika 2024, Prime Park Hotel’s occupancy rate soared 90%
27 Aug 2024 13:36
PT PP Properti Tbk (PPRO) reported 90% year-on-year (yoy) surge in occupancy rate of Prime Park Hotel & Convention Lombok following MotoGP Mandalika 2024 that will be held on September 27-30, 2024.
Sunter Lakeside Hotel’s loss worsened 8.8% in the first half
23 Jul 2024 10:54
PT Sunter Lakeside Hotel Tbk (SNLK) once again dealt with a loss of IDR 4.27 billion in the first half (H1) of 2024, 8.8% year-on-ear (yoy) higher from the loss seen in the same period last year.
In need of extra capital, Fitra Hotel to set up rights issue of 50% shares
14 Jun 2024 09:47
PT Hotel Fitra Internasional Tbk (FITT), the managing company of Hotel Fitra, is planning capital increase through pre-emptive rights or rights issue of 726.13 million shares or equal to 50% of issued and paid-up capital of the company.
Indonesian Paradise Property to start Balikpapan project next year
06 Jun 2024 16:25
Joining the hype in IKN, PT Indonesian Paradise Property Tbk (INPP) is getting ready to start its latest project in Balikpapan, which is revealed to be a hotel.
Property sales decline, INPP faces revenue stagnation
06 May 2024 17:36
PT Indonesian Paradise Property Tbk (INPP) reported stagnation in its revenue in the first quarter of 2024, reaching IDR 262.6 trillion at the end of March 2024.
