The construction of this hotel is closely tied to Wisma Nusantara, a skyscraper whose design was initiated by President
Sukarno in 1964. Due to the that struck Indonesia at the time, the construction was halted until 1969, when the Indonesian government under President
Suharto secured cooperation with
Mitsui to resume building the 30-story tower. The project was then expanded to include a star-rated hotel intended for Japanese businessmen staying in Jakarta. With
Kajima,
Taisei Corporation, and as contractors and a budget of Rp11.5 billion, construction began in April 1970 and was completed in November 1972. Suharto and Jakarta Governor
Ali Sadikin inaugurated the President Hotel on 2 December 1972. Its management was entrusted to
Japan Airlines Development, Ltd., a subsidiary of
Japan Airlines, which would later be rename
Nikko Hotels . The Indonesian government held a 55% stake in the hotel, while Mitsui and Japan Airlines held 40% and 5%, respectively. The President Hotel was renovated between July 1987 and July 1991 to refurbish guest rooms, restaurants, and the convention hall. This also reduced the number of rooms from 354 to 315. The renovation was inaugurated on 26 July 1991, by Vice President
Soedharmono. In October 1992,
Indocement acquired a 31% stake in the hotel. After the fall of the
New Order regime, both the Indonesian government and Indocement sold their shares to Guthrie GTS, a Singapore-based property company, while Mitsui retained a minority stake in PT Wisma Nusantara International. On 19 January 2012, after nearly 30 years, the hotel ended its partnership with Nikko Hotels. Accor was invited to manage the hotel under the Pullman Hotels and Resorts brand, and the hotel was subsequently renamed Pullman Jakarta Indonesia Thamrin CBD. The hotel underwent another renovation by Singapore-based architecture firm Wilson & Associates, which was completed on 13 February 2014. == Facilities ==