Horwarthhtl

Hotelier Indonesia – LOOKING FORWARD: PIPELINE In 2015, Horwath HTL recorded a total of 335 hotels and more than 40,000 rooms in operation ranging from luxury to economy. It is understood that a further 12 hotels opened in the first 9 months of 2016 or an additional 1,600 rooms. Within our databaseContinue Reading

Hotelier Indonesia – Midscale (USD 40 – 101): Having the strongest domestic component amongst segments plus the price point most attuned to the mass market, hotels within the Midscale enjoyed the brightest year. Occupancy grew 8% (last year it dropped 6%) whilst ADR only fell marginally with the resultant RevPAR up betweenContinue Reading

Hotelier Indonesia – KEY FACTORS AFFECTING BALI 2016 Lower spend per visitor: a 2016 survey by the Bank of Indonesia highlights that the typical Chinese tourist spends around one quarter of that spent by a typical European or Australian tourist. With the proportion of Chinese tourists increasing the economic benefits of eachContinue Reading

Hotelier Indonesia – NGURAH RAI Ngurah Rai International Airport remains the top foreign direct arrivals contributor for Indonesia, followed by Soekarno-Hatta, Jakarta and Hang Nadim, Batam. From January to November 2016, Ngurah Rai recorded 6% growth y-o-y, with Bali arrivals making up a whopping 40% of total arrivals to Indonesia. Batam recordedContinue Reading

Hotelier Indonesia –  Hotel & Branded Residences Bali Part 1 Quantity over quality: be careful what you  wish for. After a very challenging 2015 for Bali, occupancy  was up by more than 4% in 2016 bringing a whiff of fresh air and hope… but at what cost?  Hotels’ enjoyment of solidContinue Reading