TIRTA Putra Wisata (Panorama Tours), the outbound extension of Panorama Leisure Group, has undergone major restructuring, with changes to its name, leadership and operations.
The company, which is now known as Panorama Tours Indonesia, has its former vice president Royanto Handaya serving as its new president director.
It is now divided into three separate business units – leisure management, corporate management and MICE/incentive management – each with a different managing director at the helm.
The group also established a new Singapore-based holding company, Panorama Tours International, to incorporate its Panorama Singapore and Panorama Malaysia offices. These two used to operate under Tirta Putra Wisata.
Panorama Group commissary Rama Tirtawisata said: “After operating for 13 years, the (Tirta Putra Wisata) management has decided to expand. The restructure and succession is the way to achieve this.”
He also said he would be taking charge of the new holding company, which “will be a vehicle for (Panorama) to grow regionally”, adding that Panorama was looking to expand to Thailand and Hong Kong, “but nothing (is) confirmed yet”.