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Business Cheap Hotels More Interest : December 2014

The concept of an affordable and comfortable hotel (budget hotel) is estimated to be the hospitality business trends in 2015. Therefore, the concept is increasingly attracted tourists who want the speed and ease of access to tourist sites.

This is expressed by the President of Indonesia Travel and Tourism Awards (ITTA) Panca R Sarungu after the press conference conferment ITTA to-5, Monday (15/12/2014), in Jakarta.

"In Indonesia, there are about 30 names cheap hotel, both of which are under the management of multinational and local hotel," said Panca. For example, the Group launched a Fave Aston Hotel.

This phenomenon, said Panca, originated from Amaris Hotel, under the management of Santika Hotel, about two years ago. Three-star hotel that offers affordable prices with high quality of services, almost equivalent grade of five stars. "Most of the people previously doubted that concept. However, revenue growth in the longer increasing, "said Panca.
Hotel Business in Palembang More Promising: November 2016

Hotel business in Palembang, South Sumatera Province promises to gain profit, so the construction of new hotels is now continuing.

Chairman of the Association of Indonesian Hotels and Restaurants (PHRI) South Sumatra Herlan Aspiudin said that Palembang has become one of the meeting destinations, conventions, exhibitions and national and international sporting venues, and the appointment of the Asian Games adds investor attraction to this city. The organizers and participants of these activities definitely need a hotel for the venue or stay. This condition is a business opportunity that must be utilized by the businessman and the local community, since so far most of the hotels built by businessmen from outside the region.

To take advantage of these business opportunities, PHRI South Sumatra management encourages local business actors to develop business to the hotel sector with a higher class, from the condition during most of the building hotel class jasmine. Currently, the total number of hotels in Palembang is 120 units.

Jasmine Hotels (Lodgings or Inns) in Indonesia
Indonesia Industry Report and Market Research
July 25, 2018
Industry Code : H6412
Forecast to : 2022

Jasmine Hotels (Lodgings or Inns) in Indonesia consists of businesses providing accommodation services to the public that are managed commercially.
The primary activities of firms in this industry are:
- Jasmine Hotel Operation (including provision of accommodation, food and beverages).
PT. Dataindo Inti SwakarsaTelp : (62 - 21) 719 3832
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Jakarta 12720, Indonesia
Chapter Headings US $ Select All
Industry Outlook 60.50
Key Statistics 60.50
Market Characteristics 36.30
Segmentation 36.30
Industry Conditions 60.50
Industry Performance 60.50
Key Competitors 60.50
Key Factors 27.50
Business Opportunities, Batam Still Need Plenty of Tourist Hotel Capacity 0.39
Guest House When The Home Used as Bright Business Prospects 0.39
Hotel Business in Indonesia Entering a New Era 0.39
Property Investors began Take a Snap at jasmine hotels 0.39
Foreign Tourists Opt for Jasmine Hotels; Local Ones Opt for Star Hotels 0.39
Jasmine Hotel is Hard to Develop 0.39
300 Jasmine Hotels in Yogyakarta are threatened to be Collapse 0.39
Visit Indonesia Year 2008 will Increase Hotel Occupancy Rate in Yogyakarta 0.39
Jasmine Hotels and Lodge is Threatened Close 0.39
24 Jasmine Hotels Receive Security Certificate 0.39
Decline in Jasmine Hotel's Room Reservations 0.39
Number of Visitors Increase to West Jakarta's Jasmine Hotels Predicted to Remain Stable 0.39

Report Content

The Jasmine Hotels (Lodgings or Inns) industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.

Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.

The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

KEY STATISTICS 2014 2015 2016 2017 2018
Industry Revenue 107,942 104,367 131,689 158,085 169,151 Rp.Billion
Industry Gross Product 7,016 6,784 8,560 10,276 10,995 Rp.Billion
Number of Establishments 110 120 130 130 130 Units
Employment 109,600 101,200 85 81,000 85,400 Units
Exports 2,856 3,457 6,481 6,521 7,820 Rp.Billion
Imports 10,926 10,899 25,482 30,419 35,880 Rp.Billion
Total Wages 1,425 1,316 1,114 1,010 1,109 Rp.Billion
Domestic Demand 116,012 111,809 150,690 181,983 197,211 Rp.Billion
The data above is sample data only

Cost of Goods Sold 67.13 Gross Profit 32.87
Operating Expense 21.5 Profit (Loss) Before Tax 11.36
Administration 1.58 Depreciation 0.56
Electricity 0.66 Freight 1.99
Fuel, Parking, Toll & Retribution 1.62 Interest 3.09
Land and Building Rental 2.74 Marketing 2.69
Repairs and Maintenance 0.54 Service Fee 0.7
Staff Welfare Allowance 1.38 Other Expenses 0.92
Stationery & Inventory 0.48 Telephone 0.8
Utensils and Equipment 1.24 Wages and Salaries 0.5
The data above is sample data only

Central Java 13.4 DKI Jakarta 6.5
East Java 22.4 North Sumatra 17.9
Papua 2.0 Bali 3.0
South Sulawesi 6.0 West Java 28.8
The data above is sample data only
Price 500.007.750.000
Payment Method
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Table of Contents
About this Report
Key Statistics
Market Characteristics
Industry Conditions
Key Factors
Key Competitors
Industry Performance