Alhamra Hotel & Resort Ltd
Alhamra Hotel & Resort Ltd: Looks to benefit from the growth and change of economy in Indonesia.
DGAP-News: Alhamra Hotel & Resort Ltd / Key word(s): Miscellaneous 26th June 2017 – Alhamra Hotel and Resorts Ltd. (AHO:FRA / WKN A2DP08) is pleased to see, that the economics in Indonesia will strengthen and benefit the business of Alhamra Hotel and Resorts Ltd. (“Alhamra”).
As the primary target group for both the restaurants and the street food concept Nasgor Turkey is the middle class of Indonesia, it’s positive to see the trends for the middle class towards reaching 141 million people in 2020 according to projections made by the Boston Consulting Group. That would be almost the double amount of people as of 2013. Additionally, the World Bank predicts an annual GDP growth of between 5.3 – 5.1% p.a. only enforcing the growth of the middle class and a general higher buying power of the Indonesian people. “We are happy to see, that our strategy towards the middle class of Indonesia fits perfectly with all the national economic trends, and thereby giving the businesses better terms. We will do our best to take advantage of these trends, so we can bring value to our shareholders” said Mr. M. S. Bobsaid, Managing Director of Alhamra Hotel and Resorts Ltd. More information on Alhamra Hotels and Resorts Ltd – www.alhamra.biz
26.06.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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