THESE ARE the eight Indonesian conglomerates who own the most magnificent five-star hotels in Indonesia and a number of countries in Asia, including Hary Tanoesoedibjo and Sukanto Tanoto.

The figure of Sukanto Tanoto has just caused a stir among the Indonesian public because he has just bought a luxury hotel & resort in Shanghai, China. Unmitigated, Sukanto Tanoto was willing to spend up to IDR3.7 trillion to buy luxury hotels & resorts in China.

After investigating, Sukanto Tanoto is on the list of the 50 richest people in Indonesia. Not only Sukanto Tanoto, these six conglomerates from Indonesia also have five-star hotels & resorts with luxury facilities.

The following is a list of conglomerates from Indonesia who own the most hotels & resorts:
1. Ciputra Family
The Ciputra family is the heir to the Indonesian real estate developer Ciputra empire, who died in November 2019 at the age of 88. Ciputra is a trained architect, who founded the Ciputra group more than three decades ago.

Currently Ciputra Development is one of the largest property companies in the country with projects in 71 cities. His two sons and two daughters, Rina, Junita, Candra and Cakra, who have been involved in the family business for a long time, now run the Ciputra group.

One of the five-star luxury hotels owned by the family of the late Ciputra is the Raffles Jakarta Hotel which is located in Kuningan, South Jakarta. Now, Ciputra hotels are scattered throughout the archipelago.

2. Hary Tanoesoedibjo
Hary Tanoesoedibjo is a businessman who operates in the fields of media, politics and property. He owns more than 60 television, radio and newspaper stations. Through his company registered with MNC Land, he built resorts in Bali and Java.

The plan is that Hary Tanoesoedibjo will collaborate with Donald Trump’s company to manage the hotel & resort. Based on the company’s official website, it is known that the MNC Group has a number of luxury hotels such as Oakwood Hotel & Residence, Lido Lake Resort, and so on.

3. Hartono Brothers
The names Michael Bambang Hartono and Robert Budi Hartono are probably familiar to many Indonesians. The two of them are the richest brothers in Indonesia who have a number of businesses. The property sector is not left behind as part of the Hartono brothers’ business activities.

The Djarum Group is known to own a number of prestigious properties, starting from Menara BCA, Grand Indonesia, Hotel Indonesia Kempinski, and Kempinski Residence. Not only that, other property projects for the lower middle class are also owned, such as World Trade Center Mangga Dua, Daan Mogot Mall, Karawang Resinda, and Padma Hotel Karawang.

It cannot be denied that with these assets, the Hartono brothers are always on the list of the 10 richest people in Indonesia.

4. Sukanto Tanoto
Sukanto Tanoto’s assets are estimated at IDR49.6 trillion. The Royal Golden Eagle conglomerate is being discussed again after it was discovered that it had bought a luxury hotel in China. The hotel is located in Shanghai, and was purchased at the end of December 2023 from Dalian Wanda Group with a transaction value of IDR3.7 trillion.

The hotel was purchased through one of his companies, namely Pacific Eagle Real Estate. Tanoto also has property assets in Singapore, namely the Tanglin Shopping Center in the Orchard Road shopping area, which was acquired for SGD868 million, and the Mondrian Duxton Singapore hotel.

5. Mochtar Riady
Mochtar Riady is the founder of the diverse Lippo group, now run by his sons James and Stephen Riady. As for the hotel sector, this conglomerate is the owner of Aryaduta Hotels

Aryaduta Hotels is a five-star hotel group in Indonesia with eight hotels throughout Indonesia, including Jabodetabek, Medan, Pekanbaru, Manado, Makassar and Palembang.

Born in East Java, Mochtar Riady opened a bicycle shop at the age of 22 and built a successful banking career until the 1997 Asian financial crisis. Today Lippo group assets include real estate, retail, healthcare, media and education.

6. Widjaja Family
The Widjaja family is the owner of the giant company Sinarmas. Sinarmas itself is a company operating in various sectors, such as paper, agribusiness, food, financial services, telecommunications, energy, infrastructure, developers and real estate.

In the hospitality sector, it is known that this family owns a five-star luxury hotel which is also located in Thamrin, Central Jakarta, namely the Grand Hyatt hotel. Apart from that, they are also the owners of the Santika Premiere ICE BSD City Hotel.

7. Chairul Tanjung
Chairul Tanjung, known as the cassava boy or owner of CT Corp, owns a series of famous hotels. These star hotels are spread across a number of elite tourist areas in Java and Bali. Several hotels owned by Chairul Tanjung include: (1). The Trans Luxury Hotel, (2). The Trans Resort Bali, (3). Fashion Hotels, (4). Ibis Bandung.

8. Eddy William Katuari
At The Apurva Kempinski Bali Hotel, the leaders of countries that are members of the G20 are gathering. The reason is that this 5-star hotel will be used as the venue for the peak event of the G20 Indonesia Summit on 15-16 November 2022.

Reporting from the official website of the Indonesia Tourism Development Corporation (ITDC), the owner of The Apurva Kempinski Bali hotel is William Katuari who is also the President Director of Wings Group.

This man, whose full name is Eddy William Katuari, is known as an Indonesian tycoon. It is known that William Katuari became head of the Wings Group after his father died in 2004. [ special]