In august 2007, PT Parna Raya expanded into the tourism industry by acquiring the shares of Tokyu Corporation, Sojitz Corporation and PT Konsultasi Pembangunan Semesta in PT Sarinitokyu Hotel International (PT.SHI), the owner of Sari Pan Pacific Hotel, Jl.MH.Thamrin 6, Jakarta. With this acquisition, PT Parna Raya Now owns 50% shares of the PT Sariarthamas Hotel International (formerly PT Sarinitokyu Hotel International), whilst the other 50% shares are owned by PT Sarinah (persero).
Following the Acquisition, PT Parna Raya will furhter invest in renovating this 35-year-old property and turning it into one of the best quality hotels in indonesia.
Just 35 minutes awat from Soekarno-Hatta International Airport, Sari Pan Pacific Jakarta is located in the heart of Jakarta's business and entertainment district at Jl.MH.Thamrin and offers convenient access to embassies, major commercial and airline offices. Featuring 418 well-appointed room and suites, award-winning restaurants and bars, and a variety of meeting and banquet facilities, Sari Pan Pacific Jakarta blends the best of international expertise and traditional indonesian hospitality.
It is managed by world-class 5-star hotel operator, Pan Pacific Hotel Group, based in Singapore.