Annual Growth of the Hotel Property Price Index for Indonesia’s Major Hotel Markets 1Q 2020
Hotels throughout Indonesia experienced a significant negative price momentum in the first quarter of 2020 due the impact of the Covid-19 pandemic according to the most recent Commercial Property Survey undertaken by Bank Indonesia. On an annual basis ending 1Q 2020,...
The Market Position of Indonesia’s Luxury & Upscale Hotel Brands 2019
The current pandemic crisis, caused by COVID-19 is likely to have a lasting impact on Indonesia's luxury and upscale hotel brands. The industry is likely to witness a consolidation of brands after the proliferation of brands in recent years. The smaller brands are...
Bootstrapping Our Way to Better Hotel RevPAR Forecasts During the COVID-19 Pandemic
2020 promises to be the most challenging year on record for the U.S. lodging industry. While the U.S. economy appears to be at a standstill at the moment, it is likely to limp forward in fits and starts for the remainder of 2020 and faces a long, hard road to...
Forecast of International Visitor Arrivals to Indonesia 2020-2025
Making detailed projections about the timing and nature of the recovery of foreign visitors to Indonesia might seem like a fool’s errand at this stage of the COVID-19 pandemic. Despite the unprecedented levels of uncertainty and the serious limits of predictability we...
The Impact of the Asian Financial Crisis, Bali Bombings and Volcanic Eruptions on Foreign Visitors to Bali, Indonesia
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...
Stress Test Your Hotel Portfolio by Using a Market’s RevPAR Beta!
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. Travel...
Growth of Star-Rated & Non-Star Rated Hotel Rooms by Municipality in DKI Jakarta, Indonesia 2009 – 2019
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...
The Fastest & Slowest Growing Hotel Markets in Indonesia 2014 – 2019
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....
Tourism Potential in Maluku Province, Indonesia
This is the second post, in a series of four, that briefly examines the tourism potential of four provinces in Eastern Indonesia. The posts include: Tourism Potential in North Sulawesi Province, IndonesiaTourism Potential in Sulawesi Selatan, IndonesiaTourism...
Tourism Potential in North Sulawesi Province, Indonesia
This is the first post, in a series of four, that briefly examines the tourism potential of four provinces in Eastern Indonesia. The posts include: Tourism Potential in North Sulawesi Province, IndonesiaTourism Potential in Sulawesi Selatan, IndonesiaTourism Potential...