by Ross Woods | Feb 14, 2020 | Blog
The number of international tourists arriving in Jakarta through Soekarno Hatta and Halim Perdana Kusuma Airports fell by 13.5% in 2019 to 2.4 million, down from 2.8 million in 2018 according to recently released BPS Provinsi DKI Jakarta data. Over the period 2005...
by Ross Woods | Feb 4, 2020 | Blog
The number of international tourists in Bali grew by 3.6% in 2019 to 6.3 million, up from 6 million in 2018 according to the recently released annual Official News on Bali Province Tourism Development Statistics from Badan Pusat Statistik Provinsi Bali. Despite a...
by Ross Woods | Jan 23, 2020 | Blog
Hotel Investors often seem to have peculiar preconceptions about the main objective of hotel investment analysis. Many believe the financing decision is the major part of the analysis. Others treat the forecasting of cash flows and hotel values as the primary...
by Ross Woods | Jan 7, 2020 | Blog
While it is generally recognized that real GDP, real personal income and total employment are the major economic drivers for the growth in room night demand at the Metropolitan Statistical Area (MSA) level, little is known about the type of metro area that has a major...
by Ross Woods | Dec 31, 2019 | Blog
While the Trump administration’s trade war with China and Brexit are among the issues causing corporate uncertainty, the only major inbound visitor arrival market to Bali that appears to be affected is the Chinese market which we forecast to decline from about...
by Ross Woods | Dec 30, 2019 | Blog
While the Ministry of Trade and Industry (MTI) expects the Singapore economy to grow by 0.5 to 1.0% in 2019 and by 0.5 to 2.5% in 2020, the number of international visitor arrivals is expected to grow by about 3.1% to almost 19.1 million in 2019 and by 4.6% in 2020 to...
