PT Arsy Buana Travelindo Tbk (tick code “HAJJ”), a leading company in the field of Hajj and Umrah travel service providers, through the company’s subsidiary in Saudi Arabia, Arsy Buana travelindo LLC (ABT Hospitality) announced a partnership with BPKH Limited, a subsidiary of the Hajj Financial Management Agency (BPKH), in the management of 2 hotels in Mecca and Medina.
At the international Islamic Expo (IIE) 2024 which took place at the Jakarta Convention Center on Friday, July 26, 2024, ABT Hospitality and BPKH Limited signed a contract to manage two hotels: Anshar Golden Tulip Hotel in Madinah and Hilton Convention in Mecca. The potential contract value of the hotels to be jointly managed is SAR 43 million, or IDR 183 billion.
Anshar Golden Tulip Hotel is a 3-star hotel with 725 rooms that can accommodate 2,800 pilgrims, focusing on serving the Umrah season, with a lease duration of 3 years. While Hilton Convention Mecca is a 5-star hotel with an allotment of 200 rooms capable of accommodating 600 to 700 pilgrims, located close to the Grand Mosque. This contract comes into effect on 1 Safar 1446 H or August 5, 2024. ABT Hospitality with expertise in the hospitality industry in Saudi Arabia, will act as the manager and marketer of the 2 hotels that have been contracted by BPKH Limited.
President Director of PT Arsy Buana Travelindo Tbk and ABT Hospitality, Saipul Bahri, stated, “This cooperation is a strategic step to expand our range of service in the hajj and umrah industry. We are confident that this cooperation will improve services and comfort for pilgrims, as well as increase company value which will benefit shareholders.”
Director of BPKH Limited Sidiq Haryono, stated that this investment is the result of BPKH Limited’s collaboration with ABT Hospitality in Saudi Arabia. “This investment will not disrupt the market for hajj and umrah industry players, but will actually facilitate access to rooms for the umrah and hajj industry in Indonesia,” said Sadiq. He also emphasized that BPKH Limited will not be a competitor for industry players, but will present better facilities.
In Addition to participating in the International Islamic Expo 2024 event, ABT Hospitality is also actively participating and holding exhibitions in various countries. From July 12 to August 11, 2024, ABT Hospitality exhibition in Turkey, Eqypt, Malaysia, Iraq, Marocco, Tunisia, Uzbekistan and Algeria. The purpose of the exhibition is to introduce ABT Hospitality’s portofolio in Saudi Arabia, strengthen business relationships, and maintain the company’s sustainable growth. “Through ABT Hopitality, the company will continue to grow and increase value for shareholders.” Said Saipul Bahri, President Director of the Company.
