Hotel Business Development Focus

Hotel Business Development Focus : Hotel is owned by PT Intiwhiz International (PT Intiland Development Tbk), Whiz Hotels began operations this month. The hotel was asked entered the business class hotel (two stars plus) it has an investment value of at least Rp 60 billion. Intiland going to build similar hotels targeted in the next five years to build 60 hotels with a minimum of 10 percent revenue contribution.

"We gave targets for Intiwhiz can build 60 hotels in five years," said President and CEO of PT Intiland Development Tbk, Lennard Ho Kian Guan in Jakarta last weekend. Lennard said the company hopes that the hotel business networks can provide an additional revenue of at least 10 percent and will continue to increase during the next five years.

Meanwhile, Director of Operations Intiwhiz International (as the hotel operator), ndang Mulyadi said the hotel chain business is a form of business expansion in the hospitality Intiland. He admitted that the company remains at the core property business and residential development. "So, we concentrate on these networks Hotel Whiz, Whiz Jogjakarta is the first," he said.

Hotel Whiz Jogjakarta, he added, was built on an area 850 square meters with 103 rooms. He confesses to an early stage, the operation is predicted to average 60 percent until the first six months. "After that we target increased to 70 percent," said ndang.

Further explained, Jogjakarta Whiz hotel cost at least Rp 60 billion, with land prices reach Rp 5 million per square meter. "We are optimistic that the investment return within a maximum of seven years," he continued.

According ndang, the company also plans to operate hotels in Semarang Whiz who was in construction. "It is expected in July next year already can be used," said ndang. He admitted the cost of investments reached Rp 40 billion on an area 950 with a total 146 rooms meterpersegi. Recorded, Hotel Whiz will operate in Jakarta, Jogjakarta, Semarang, Balikpapan, and Bali.

On the same occasion, President Director and CEO of PT Intiwhiz International (PT Intiland Development Tbk), Moedjianto Soesilo Tjahjono said overall, Intiland target within the next five years to build 60 hotels. While the 2011 target of five operating in Bali (two locations), Jakarta (two locations), and Semarang. "Whiz future is still concentrated in Java and prepared in Kalimantan, Sulawesi, and Sumatra," he said.

He added that the prospect of a four-star business hotel or a larger bottom. "From a more practical operations, especially considering the more expensive land prices," he said. Hotel business, he added, its occupancy rate higher than four or five stars. "Our main target is those at the three stars, we have more than two years of study," the lid For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post: