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This comes as the Indonesian government manages billions of dollars worth of assets that includes some lodgings and apartments in strategic locations which are open for rent to the public. Photo: RedDoorz CEO Amit Saberwal.
Singapore-based hotel and booking start-up RedDoorz as well as India’s Oyo are in talks with the Indonesian government for the management of some state-owned properties, reported Reuters.
This comes as the Indonesian government manages billions of dollars worth of assets that includes some lodgings and apartments in strategic locations which are open for rent to the public.
Finance ministry spokesman Nufransa Wira Sakti noted that a collaboration with the online platform could help “expand the options of asset optimalisation” via better digital marketing.
“For now, we are exploring a potential deal with apartment managers through digital marketing systems, which are Oyo and RedDoorz,” he said.
Claiming to be Southeast Asia’s largest hotel management and booking platform, Singapore-based RedDoorz declined to comment on the matter, while Oyo, which is backed by the Vision Fund of SoftBank, offered no immediate response to a request for comment.
The government of Southeast Asia’s biggest economy has been trying to better manage its assets by revaluing them in recent years, and for the first time this year – insured some of them.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email victorkang@propertyguru.com.sg
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