PT Indonesian Paradise Property Tbk is an Indonesia-based company, which operates in the lifestyle property segment and mixed-use developments. Its segments include Hospitality, Commercial, Property Sales, Head Office, REIT Investment, and Property Management, and Others. In the Hospitality segment, the Company manages about nine hotels with a business model of hospitality services. The Commercial segment includes a retail business activities developed by the Company in the form of shopping centers. The Company manages about three shopping centers in Bali and Bandung. Its portfolio of properties include Sheraton Bali Kuta Resort, Harris Hotel Tuban, Maison Aurelia Sanur, Harris Suites Fx Sudirman, Harris Hotel Batam Center, Harris Resort Waterfront, Beachwalk Shopping Center, 23 Paskal Shopping Center, and Park23 Entertainment Center, among others. Its subsidiaries include PT Indonesian Paradise Island (IPI), PT Rifai Maju Properti (RMP), PT Segara Biru Kencana, and others.
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