Hotel Sahid booked Rp 17.8b profit last year
The Jakarta Post, Jakarta | Mon, 04/04/2011 6:09 PM
Hotel Sahid Jaya International (HSJI) said Monday its profit rose 94 percent to Rp 17.8 billion last year due to an increase in occupancy rates and food and beverage sales.
Kontan.co.id reported that hotel revenue was also up by 23.8 percent to Rp 123.9 billion last year.
Food and beverage sales contributed 25 percent of hotel revenue last year, while the occupancy rate stood at 60 percent after the first stage of renovation was concluded last year.
