- Business
- PT Hotel Sahid Jaya International Tbk PT Hotel Sahid Jaya International Tbk operates as an Indonesia-based hospitality company primarily engaged in owning and managing five-star hotels, serviced apartments, and hotel management services. The company owns and operates flagship properties including Grand Sahid Jaya Jakarta, a five-star hotel offering guest rooms, food and beverage services through five restaurants such as Bengawan Solo, Andrawina, Golden Dragon Seafood, Bushido, and Solo Lounge, laundry services, and event facilities like the renovated Puri Agung Grand Ballroom; Sahid Bandar Lampung; and Istana Sahid serviced apartments in Jakarta. Through its management arm, formerly PT Sahid International Hotel Management & Consultant, it oversees over 20 additional properties across Indonesia such as Sahid Jaya Solo, Sahid Raya Yogyakarta, Sahid Surabaya, Sahid Kawanua Manado, Sahid Toraja, Lembah Ciater Resort, Sahid Batam Center, Sahid Bandara Soekarno-Hatta, Sahid Mutiara Karawaci, Sahid T-More Kupang, Wakatobi Patuno Diving Beach and Resort, and The Allure Villas Pangandaran, plus one international property, Sahid Zarafshon in Uzbekistan; these span categories from three-star and syariah hotels to resorts and villas with amenities including meeting rooms, ballrooms, restaurants, and swimming pools. Founded in 1969 and commencing commercial operations in 1974 with its first property Sahid Jaya Solo, the company lists on the Indonesia Stock Exchange since 1990 and maintains headquarters at Jl. Jenderal Sudirman Kav. 86, Jakarta. Recent developments include the 2024 openings of Sahid Bandara Soekarno-Hatta near Tangerang and Sahid Vanilla Nagoya Batam via management agreements; 2023 expansions through management contracts for Sahid Azizah Syariah Hotel & Convention Kendari, the first syariah property under its banner, and Menantu Resort in Bandung; and the 2021 divestment of 95% stake in PT Sahid International Hotel Management & Consultant alongside the relaunch of its grand ballroom and introduction of service robots at Grand Sahid Jaya Jakarta.