PT Jakarta International Hotels & Development Tbk, together with its subsidiaries, engages in the hotel and property businesses in Indonesia. The company operates through four segments: Hotel, Real Estate, Telecommunication Services, and Hotel Management Services. The Hotel segment owns and operates two hotels under the Hotel Borobudur Jakarta and Ritz-Carlton Pacific Place names. The Real Estate segment engages in the real estate development business and services, including the construction of office buildings, malls, apartments, commercial centers, and their facilities. The Telecommunication Services segment offers telecommunication facilities and infrastructures, including internet services and closed network services. The Hotel Management Services segment manages and operates hotel borobudur jakarta, discovery kartika plaza hotel, palace hotel, and discovery ancol. The company engages in the restaurant and tourism businesses. PT Jakarta International Hotels & Development Tbk was incorporated in 1969 and is headquartered in Jakarta, Indonesia.
Indonesian Market Performance
7D7 Days: -2.0%
3M3 Months: 9.5%
1Y1 Year: 7.9%
YTDYear to Date: 6.1%
Over the last 7 days, the market has dropped 2.0%, driven by a pullback of 3.8% in the Financials sector. Meanwhile, the Communication Services sector has outperformed, gaining 4.1% in that time. In the last year, the market is actually up 7.9%. As for the next few years, earnings are expected to grow by 7.4% per annum. Market details ›
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