Menteng Heritage Realty

PT Menteng Heritage Realty Tbk (HRME) is an Indonesian hospitality company whose flagship asset is The Hermitage, a five-star hotel in the elite Menteng district of Central Jakarta. The hotel is designed in an art-deco style with a "Colonial Style Nusantara" theme, and comprises eight floors plus a five-level attic, with a total of 90 rooms. Its facilities include meeting rooms, a ballroom, a swimming pool, a spa and fitness centre, a rooftop bar, and the L'Avenu restaurant. The Hermitage has partnered with Marriott International through the Tribute Portfolio brand to deliver a distinctive hotel experience. Beyond its Jakarta flagship, the company owns a hospitality subsidiary operating The Royal Beach Seminyak Bali in Seminyak, Bali. The company has also stated its intention to acquire a hotel in the Kuningan area of Jakarta in the near future. Its stated business strengths are local wisdom (kearifan lokal), professionalism, and international standards achieved through cooperation with world-class hotel operators. HRME is listed on the Indonesia Stock Exchange under the ticker HRME, as indicated by the "Tbk" suffix. In the third quarter of 2022, the company reported revenue of Rp 58.9 billion, a 40.5% increase from Q3 2021, while gross profit reached Rp 40 billion, up 73% year-on-year. The company's vision is to be a professional hospitality company that continuously improves service quality while preserving local wisdom.

PT Menteng Heritage Realty Tbk is an Indonesian hospitality company built around The Hermitage, a five-star hotel in the Menteng area of Central Jakarta. The hotel's design is inspired by art-deco architecture with a "Colonial Style Nusantara" theme, reflecting the heritage character of the Menteng district. The property has eight floors plus a five-level attic and offers 90 rooms, along with meeting rooms, a ballroom, a swimming pool, a spa and fitness centre, a rooftop bar, and the L'Avenu restaurant. To operate the hotel to international standards, the company partnered with Marriott International under the Tribute Portfolio brand. This affiliation connects The Hermitage to a global distribution and loyalty network while allowing it to retain a distinct local identity. The company expanded its hospitality portfolio through a subsidiary that operates The Royal Beach Seminyak Bali in Seminyak, Bali. It has also announced plans to acquire a hotel in the Kuningan area of Jakarta. The company describes its business strengths as local wisdom, professionalism, and international standards achieved through cooperation with world-class hotel operators. HRME is listed on the Indonesia Stock Exchange, as indicated by the "Tbk" suffix. In its Q3 2022 results, the company reported revenue of Rp 58.9 billion, a 40.5% increase from the same quarter in 2021, and gross profit of Rp 40 billion, up 73% year-on-year. The company's stated vision is to be a professional hospitality company that continually improves service quality while preserving local wisdom.

• Reported Q3 2022 revenue of Rp 58.9 billion, up 40.5% year-on-year, with gross profit of Rp 40 billion, up 73%.

Luxury hospitality rooted in local wisdom and international standards, with a distinctive art-deco, Colonial Style Nusantara identity.

• The Hermitage Jakarta

  Five-star art-deco hotel in Menteng, Central Jakarta, with 90 rooms, eight floors plus a five-level attic, meeting rooms, ballroom, swimming pool, spa and fitness centre, rooftop bar, and L'Avenu restaurant. Operated under Marriott's Tribute Portfolio.

• The Royal Beach Seminyak Bali

  Hospitality property in Seminyak, Bali, operated by a subsidiary of PT Menteng Heritage Realty Tbk.

1. 1HRME | PT Menteng Heritage Realty Tbkhrme.co.id
2. 2IKHTISAR PERUSAHAAN | HRMEhrme.co.id
3. 3Menteng Heritage Realtywikidata.org