by Ross Woods | Mar 25, 2020 | Blog
As governments around the world grapple with the enormity of the current economic downturn caused by the COVID-19 pandemic, hospitality operators seek to forecast the depth and duration of the current downturn. With occupancy rates dropping to as low as 20% for many...
by Ross Woods | Mar 18, 2020 | Blog
While the coronavirus significantly impacted the international travel and tourism industries in January and February, it wasn’t until the first week of March that it began to have a huge impact on the U.S. lodging industry. A new analysis released by the U.S....
by Ross Woods | Mar 17, 2020 | Blog
The pace of star-rated hotel development in Jakarta has remained constant over the past five and ten years (2014-2019 & 2009-2019). Over the period, the number of star-rated hotel rooms has grown from almost 26,200 in 2009 to 55,800, a CAGR of 8% as illustrated in...
by Ross Woods | Mar 7, 2020 | Blog
The historical growth rates in the supply of and demand for star-rated hotels in an Indonesian city or province provides an important baseline for projecting their future growth rates, essential factors in any feasibility study for a proposed or existing hotel....
