Jakarta International Hotels & Development Tbk PT

PT Jakarta International Hotels & Development Tbk (JIHD) is an Indonesian enterprise that, through its various subsidiaries, primarily operates within the hotel and property sectors. Its business activities are structured into four key segments: Hotel Ownership and Operation, Real Estate Development, Telecommunication Services, and Hotel Management. The Hotel segment directly owns and operates two prominent establishments: Hotel Borobudur Jakarta and the Ritz-Carlton Pacific Place. In its Real Estate division, JIHD is involved in property development and related services, encompassing the construction of office buildings, shopping malls, apartments, commercial centers, and their associated facilities. The Telecommunication Services segment offers a suite of services, including telephony, internet access, leased circuit solutions, managed services, and cable television. Meanwhile, the Hotel Management Services segment oversees the management and operation of properties such as Hotel Borobudur Jakarta, Discovery Kartika Plaza Hotel, Palace Hotel, and Discovery Ancol. Beyond these core areas, the company also has interests in the restaurant and tourism industries. Founded in 1969, PT Jakarta International Hotels & Development Tbk is headquartered in Jakarta, Indonesia.