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In April 2016, Surya Semesta Internusa, together with other major hotel chains in Indonesia, reported poor performance due to low occupancy rates. [6] The property development division also reported poor sales due to a sluggish real estate market. [7] As of April 2016, the market capitalization of Surya Semesta Internusa was Rp 3.4 tn (US$250 ...
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
Founded in 1988, Aman Resorts' first destination was the result of hotelier Adrian Zecha's desire to build a holiday home in Phuket. [2] [3] His plans soon developed into an idea to build a small boutique resort with Anil Thadani and two other friends.
Archipelago International is the largest privately owned hotel management company in Southeast Asia. [1] Archipelago International entered the Southeast Asian market in 1997 and as of 2023, has more than 350 properties including hotels, condotels, resorts, serviced apartments, boutique villa resorts, and vacation rental units of which more than 300 are operational (consisting of more than ...
Gates bought the Xanadu land in 1988 for just $2 million—but proceeded to pour about $63 million into the property—and now the entire estate is worth about $130 million. It has 24 bathrooms ...
Lippo Centre in Hong Kong. The Lippo Group began with Lippo Bank, later using this as a platform for regional property development projects.In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students.
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Bill Werkheiser, president of the Melrose Cottage Association, which is made up of about 40 of the 100 homes in the Melrose Resort, said the announcement of the sale of Melrose saw property values ...