Key insights and market outlook
PT Perkebunan Nusantara III (Persero), the holding company for Perkebunan Nusantara Group, has signed a Memorandum of Understanding (MoU) with PT Hotel Indonesia Natour (HIN) to expand Meeting, Incentive, Conference, and Exhibition (MICE) services. The partnership aims to enhance efficiency and effectiveness in corporate activities through strategic collaboration between state-owned enterprises. The agreement includes a Corporate Rate Agreement for accommodation and MICE facilities across HIN's hotel network.
PT Perkebunan Nusantara III (Persero), as the holding company for Perkebunan Nusantara Group, has entered into a significant strategic partnership with PT Hotel Indonesia Natour (HIN), another major state-owned enterprise. The collaboration, formalized through a Memorandum of Understanding (MoU), focuses on expanding Meeting, Incentive, Conference, and Exhibition (MICE) services across Indonesia.
The partnership between PTPN III and HIN includes two major agreements:
This collaboration represents a concrete step towards enhancing efficiency, effectiveness, and value creation within PTPN Group's corporate activities. By leveraging HIN's extensive hotel network, PTPN III aims to optimize resources and streamline corporate event management. The partnership demonstrates the commitment of both state-owned enterprises to maximize synergies and improve operational effectiveness.
The collaboration is expected to benefit both companies by creating a more integrated ecosystem for corporate services. For PTPN Group, it means having access to a wider range of quality MICE facilities at competitive rates. For HIN, it represents an opportunity to increase occupancy across its hotel portfolio through guaranteed corporate business.
PTPN III-HIN Partnership
MICE Services Expansion
Corporate Rate Agreement Signing