Throughout 2022 the Hotel Business in Jakarta Continues to grow: https://propertiindonesia.id/post/sepanjang-tahun-2022-bisnis-hotel-di-jakarta-terus-bertumbuh/27 December 2022
Property consultant Colliers Indonesia in its latest Radar Report stated that the hotel business in Jakarta has shown an increasing trend since early 2022 both in terms of the average occupancy rate and the daily rental rate. Until the third quarter of 2022, Jakarta has a total of 223 hotels with coverage of 44,696 rooms. This number is dominated by three-star hotels. The majority of hotels are located in Central Jakarta and South Jakarta, where these areas are commercial areas that support various businesses and commerce in Jakarta. Then in the TB Simatupang area which has direct access to the Tangerang area so it is easy to reach from the airport.
Colliers Indonesia Senior Associate Director, Ferry Salanto said the positive trend in the hotel business this year was contributed by Meeting, Incentives, Conferences, Exhibition (MICE) activities. During this quarter, the hotel occupancy rate in Jakarta increased by around 40 percent when there was an event near the location compared to normal days.
Semester II-2024, Bali's Hospitality Sector is increasingly Booming: https://www.kompas.com/properti/read/2024/08/30/130000721/semester-ii-2024-sektor-perhotelan-di-bali-kian-menggeliat/30 August 2024
Entering the second semester of 2024, property consultant Colliers Indonesia predicts that hotel performance in Bali will improve. Even the period from July to November is considered quite optimal for hotels there to pursue their 2024 revenue targets.
Head of Research Colliers Indonesia, Ferry Salanto said that over the past 6 months the surge in tourist arrivals to Bali has had a positive impact on the performance of the hotel sector, especially in the Nusa Dua area. Large-scale international events, such as the World Water Forum held in Bali, have also significantly improved hotel performance in the region. In addition, the many events organized by government and corporate entities have also contributed to the improvement in hotel performance in Bali
Luxury Hotels in Indonesia
Indonesia Industry Report and Market Research
October 28, 2024
Industry Code : H6411
Forecast to : 2028
Definition
Luxury Hotels in Indonesia This class consists of businesses providing accommodation, food and drink as well as other services to the public using part of or the whole building. The business is managed commercially and fulfils conditions which are fixed by regulations, like: location of the hotel/condition of the building, the form of service provided, qualifications of the employees, sports and recreation facilities, and the number of rooms.
Activities
The primary activities of firms in this industry are:
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Hotel operation.
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Private hotel operation (short-term accommodation).
The Luxury Hotels 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.
