"The investment for the hotel and MNC News Center tower is around Rp2.3 trillion-Rp2.6 trillion not including the land price," Chairman & CEO of the MNC Group, Hary Tanoesoedibjo said here on Friday.
Hary said the hotel named Park Hyatt Hotel will be built in the MNC Center, Jakarta. Park Hyatt Hotel will be a six-star hotel targeting foreign tourists and local high class guests.
He said hotel industry in Indonesia is predicted to grow with expected increase in the number of foreign tourist to the country.
The number of foreign tourists visiting the country is only around 10 million much smaller in number than tourists visiting Singapore and Malaysia per year.
The government, however, is set to double the number of visits of foreign tourists to 20 million in 2019.
Hary Tanoesoedibjo said the Park Hyatt Hotel is to be operational in the first half of 2018. The hotel will occupy 20 upper floors of the 39-floor building.
Group President of Hyatt Hotels Corporation Asia Pacific, David Udell, said he hopes the hotel would draw more tourist to the country.
(AS/b003/B003)
(T.SYS/C/H-ASG/B003)
Editor: Aditia Maruli Radja
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