by Ross Woods | Apr 21, 2019 | Blog
The number of domestic visitor arrivals in Bali is forecast to grow to 12.9 million by 2023 according to our latest univariate forecasting efforts. The number of domestic visitor arrivals in Bali surged to almost 9.8 million in 2018, up 11.7% compared to the previous...
by Ross Woods | Apr 15, 2019 | Blog
With tourist arrivals almost doubling over the past five years, growing from 8.8 million in 2013 to 15.8 million in 2018, Indonesia’s star-rated hotel supply has experienced a dramatic expansion over the same period. Driven by the growth in inbound visitor...
by Ross Woods | Feb 24, 2019 | Blog
Many hotel investment strategies involve targeting specific types of hotels in high-growth markets. Some involve matching a given RevPAR index such as STR’s Top 25, total US or total Upper Upscale hotel market. Many hotel investors focus on what they believe are...
by Ross Woods | Feb 19, 2019 | Blog
According to the latest Banking Survey1 (4Q 2018) conducted by Bank Indonesia, the weighted net balance (WNB) of new loans for the accommodation and food & beverage sectors jumped to almost 60% in the final quarter of 2018, the highest it has been since 4Q2011...
by Ross Woods | Feb 19, 2019 | Blog
Singapore’s international visitor market, which continues to be dominated by visitors from China and Indonesia, grew by 6.2% to 18.5 million in 2018, according to data released by the Singapore Tourism Board. Visitor arrival growth rates varied widely for...
