PT Jakarta International Hotels & Development Tbk (JIHD) was one of the largest public listed companies in Indonesia in 1984. It was listed among the first 24 companies in Jakarta Stock Exchange (currently known as Indonesia Stock Exchange). In 1974, JIHD completed the construction of Hotel Borobudur Jakarta as its direct operating unit consists of 695 rooms of 5-star diamond hotel on ±9 hectares of land located in the heart of Jakarta.
JIHD owns Sudirman Central Business District (SCBD) located on arguably the best location in the golden triangle of Jakarta through its subsidiary company PT Danayasa Arthatama Tbk. Besides SCBD, JIHD also owns Indonesian Stock Exchange Building and hotel operator company named Discovery Hotel & Resort which operate several star-rated hotels including 2 (two) 5-stars hotel named Hotel Borobudur Jakarta , Discovery Kartika Plaza Hotel Bali, and also the others Discovery Hotel & Convention Ancol – Jakarta, Hotel Ebony and Palace Hotel.