After the announcement on strategic alliance with Far East Hospitality (FEH) Singapore, followed with the acquisitions of Kyriad Hotel Indonesia, one of the brands owned by France-based Louvre Hotels Group, ARTOTEL Group continues to expand the network and become the country's leading boutique hospitality and lifestyle group.
During the ARTOTEL Group Business Update 2021 in the occasion, also announced the acquisition Dafam Hotel Management, adding all 24 Dafam Hotels in the group's portfolio. The acquisition is part of the ARTOTEL Group's mission to create a stronger and robust hospitality industry ecosystem in Indonesia, in delivering high-quality hospitality experiences to domestic and foreign customers.
“ARTOTEL Group has made a move with these acquisitions during the global pandemic, that has greatly impacted the hospitality industry's performance across the world. We took the initiative to acquire properties from Dafam Hotel Management and Kyriad Hotel indonesia to further our dream of creating a unified hospitality ecosystem in Indonesia that can help hotels support one another in maintaining high standards of service as well as to broaden our market range, be it domestic and overseas, ” said Erastus Radjimin, founder & CEO of ARTOTEL Group.