Tag: hotel industry
Hotel Industry in Indonesia Faces a Crisis as Occupancy Rates Plunge
Hotel industry in Indonesia is facing a turbulent period. The latest data reveals a sharp drop in both occupancy rates and room prices, reflecting...
Hospitality Industry Affected by Budget Efficiency Policy from Indonesian Government
President Prabowo Subianto’s ambitious goal to achieve budget efficiency of USD 44 billion, equivalent to IDR 750 trillion, in his first year is making...
The VAT Increase to 12% Could Drive Hotel Room Prices Higher?
The looming hike in Indonesia's Value-Added Tax (VAT) to 12% starting January 1, 2025, has triggered widespread debate and concern. This decision, which aims...
Hotel Construction Permits in Bali: A Double-Edged Sword?
The rapid growth of the hotel industry in Bali has sparked a heated debate about the island’s construction permits. Critics argue that the permits...
Online Travel Agency (OTA) Trend Is Fading, Travelers Switching to Hotel...
Amidst the bustling world of online travel booking, a new contender emerges: direct hotel reservations. The convenience of online travel agents (OTA) is being...
The Decline in Hotel Supply in Bali Indicates Ongoing Investor Interest
Bali is witnessing a remarkable resurgence in its tourism sector after weathering the challenges imposed by the Covid-19 pandemic. The impact of the pandemic...
Jakarta’s Hotel Industry Set to Flourish with the Arrival of Seven...
The government's recent decision to relax restrictions on community activities has had a notable impact on various business sectors, one of which is the...
Indonesia’s Hospitality Industry Has Not Recovered. The Occupancy Is Low
Several industrial sectors in Indonesia are showing recovery signs. Unfortunately, the hospitality industry has not yet entered the recovery phase. This was confirmed by...
