This property is "up there with the best" and will at some stage be rebranded to a higher class. I suggest to experience it NOW before the rates go up.
This property is the Indonesian version of the Raffles in Singapore with a long history (it is where Indonesia became Indonesia and the dutch flag became the Indonesian flag - by being torn up).
It was even owned by the Raffles' Sarkies Brothers for awhile.
https://en.wikipedia.org/wiki/Hotel_Majapahit
It is NOT a "executive lounge" type of property. If they treat it well, this can become another Legend.