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Sahid Group

An Indonesian conglomerate whose core business is hospitality, with additional interests in media, healthcare, textiles, real estate, and education.

Last updated August 24, 2026

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Overview

Sahid Group is an Indonesian business conglomerate headquartered in Jakarta. Founded in 1953 by Sukamdani Sahid Gitosardjono, the group developed a diversified portfolio with hospitality as its central business. Its hotel activities are conducted primarily through the Sahid Hotels chain, which operates properties in Indonesia and has also expanded internationally with a hotel in Bukhara, Uzbekistan. The hospitality portfolio includes 11 Sahid Hotels properties across Indonesia. In addition to hotels operated under its own brand, the group manages selected properties in cooperation with international and local partners. These include the Ascott-branded Yello Hotel Beachwalk Bali, Marriott-branded Aloft Kuta Bali, and Marriott-branded Sheraton Bali Kuta. These arrangements place Sahid Group within a partnership-based hotel model that combines local ownership or operating participation with internationally recognized lodging brands. Sahid Group's interests extend beyond accommodation. The group has been associated with media through Bisnis Indonesia, as well as activities in healthcare, textiles, real estate, and education. This breadth reflects the structure of an Indonesian conglomerate rather than a single-sector hotel company, although hospitality remains the group's defining commercial identity. A notable real-estate project connected with the group is Sahid Sudirman Center, a skyscraper in Jakarta. The development was financed through a joint venture involving Sahid Group, Pikko Group, and the Tan Kian Konsorsium. The venture operated under the name KSO Sahid Megatama Karya Gemilang, and the building was completed in 2015. Publicly available reference material provides limited detail about the group's corporate governance, financial performance, ownership structure, and current executive leadership. Its documented profile is therefore best understood through its hotel network, branded management partnerships, diversified Indonesian business interests, and selected property developments. The group's continuing presence in hospitality and associated sectors supports an active status, while the available material does not establish a separate listed-company ticker or a single publicly identified parent entity.

History

Sahid Group was established in Indonesia in 1953 by Sukamdani Sahid Gitosardjono. The group subsequently became a diversified conglomerate, but hospitality remained its core area of business. Its lodging operations were developed under the Sahid Hotels chain, which built a presence across Indonesia and later extended beyond the country through a hotel in Bukhara, Uzbekistan. The group's hotel strategy has included both directly branded Sahid Hotels properties and management or operating relationships involving external hotel brands. The documented partnership portfolio includes Yello Hotel Beachwalk Bali under the Ascott brand, together with Aloft Kuta Bali and Sheraton Bali Kuta under Marriott-related brands. These properties illustrate Sahid's participation in Indonesia's tourism and lodging market alongside international hospitality companies. Over time, Sahid Group also entered or maintained interests in several non-hospitality sectors. These include media, healthcare, textiles, real estate, and education. Its media interests include an association with Bisnis Indonesia. The combination of hotel operations, property development, and other sectoral activities gives the group the characteristics of a broad Indonesian conglomerate rather than a narrowly focused hotel operator. In real estate, Sahid Group participated in the development of Sahid Sudirman Center in Jakarta. The skyscraper was funded through a joint venture with Pikko Group and the Tan Kian Konsorsium. This consortium was known as KSO Sahid Megatama Karya Gemilang, and the project was completed in 2015. The available reference material does not provide a detailed chronology of every subsidiary, acquisition, management transition, or market entry. It also does not establish comprehensive information about current leadership, financial results, ownership, or the group's legal corporate structure. The documented history therefore centers on the group's 1953 founding, the development of hospitality as its core activity, diversification into additional sectors, international hotel participation in Uzbekistan, partnerships with global hotel brands, and the completion of its Jakarta skyscraper project in 2015.

  • 2015

    Sahid Sudirman Center completed

    [1]

    Sahid Sudirman Center in Jakarta was completed after being funded through a joint venture involving Sahid Group, Pikko Group, and the Tan Kian Konsorsium, operating as KSO Sahid Megatama Karya Gemilang.

  • 1953

    Sahid Group founded

    [1]

    Sukamdani Sahid Gitosardjono founded Sahid Group in Indonesia.

Products and positioning

A diversified Indonesian conglomerate positioned around hospitality, with complementary interests in property, media, healthcare, textiles, and education.

  • Hospitality

    Sahid Hotels

    Sahid Hotels is the group's principal hospitality chain. It operates 11 hotels across Indonesia and has also operated a property in Bukhara, Uzbekistan. The chain represents Sahid Group's core hotel business and its most visible consumer-facing offering.

  • Hotel management partnership

    Yello Hotel Beachwalk Bali

    Yello Hotel Beachwalk Bali is an Ascott-branded hotel managed by Sahid Group in partnership with other companies. It represents the group's participation in Bali's tourism market through a collaboration with an international hospitality operator.

  • Hotel management partnership

    Aloft Kuta Bali

    Aloft Kuta Bali is a Marriott-branded property managed by Sahid Group in cooperation with other companies. The hotel forms part of the group's Bali hospitality portfolio and illustrates its partnership model with international hotel brands.

  • Hotel management partnership

    Sheraton Bali Kuta

    Sheraton Bali Kuta is another Marriott-branded property managed by Sahid Group with partners. Its inclusion in the portfolio extends the group's presence in Bali's upscale and internationally branded hotel segment.

  • Commercial real estate · 2015

    Sahid Sudirman Center

    Sahid Sudirman Center is a Jakarta skyscraper developed through a joint venture involving Sahid Group, Pikko Group, and the Tan Kian Konsorsium. The project was completed in 2015 and is a notable example of the group's real-estate activities.

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