by Ross Woods | May 4, 2019 | Blog, Indonesia
Our previous post, “Significant Growth in Indonesia’s Star-Rated Hotel Supply 1985-2018”, generated much discussion about how the growth at the provincial level was distributed among the star-ratings. In this post we have briefly reviewed the growth...
by Ross Woods | May 2, 2019 | Blog
Have you ever wondered if there is a relationship between the average daily rate (ADR) achieved by a hotel market and the cost of living (COL) in that market? Based on our detailed econometric models, we know that real ADR (inflation adjusted) in any quarter, is a...
by Ross Woods | Apr 29, 2019 | Blog
The focus on monthly and yearly data by hotel managers and investors often masks trends that are shaping the investment horizon over longer periods. For this reason we have examined the best and worst performing markets over a typical holding period of eight years....
by Ross Woods | Apr 25, 2019 | Blog
Indonesia’s hotel sector has drawn the short straw in terms of domestic tourism expenditure, capturing Rp 16.29 trillion or just 6.4% of total domestic expenditure of Rp 253.47 trillion in 2017. This compares with Rp 79.83 trillion or 40.1% of total foreign...
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...
