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Between 2019 and Q2 2024, the largest increase in the supply of starred hotel rooms in Bali was observed in the five-star segment. As the demand for hotels remains high, does the increase in hotel supply could impact the performance of existing hotels? To find out more about hotel market in Bali, read Colliers Quarterly Property Market Report Q2 2024 by clicking this link: https://ow.ly/O2qV50T1JGz Subscribe to our mailing list for updates on Colliers Indonesia reports, insights, and recommendations: https://ow.ly/VR9Q50T1JCm #ColliersIndonesia

Considering the positive potential and outlook within the hotel sector in 2024, what are the prospects for other sectors in the hospitality industry? Read our latest Market Insights - Exploring the Anticipated Hospitality Industry in Indonesia for 2024,' by Satria Wei, Head of Hospitality Services to find out more. To download and read the insights, click the following link: https://ow.ly/8jb550QTVCx For further discussions about our Hospitality Services, connect with our expert, Satria Wei by clicking this link: https://ow.ly/Fw6t50QTVCy #ColliersIndonesia #Hotel #Hospitality

When NakaRaj-Escape (bit.ly/3Lt34Sh) needed a website to market their hotel on-line they choose Hoteliers.Guru CMS Website and Booking Engine. Hoteliers can choose one of our many all-inclusive solutions to streamline your workflow from booking to billing. #thailand #channelpartners #tourismmarketing #thailandtravel #thailandtourism #channelmanager #bookingplatform #hotelbookings #socialmediamarketing #websitedesign #digitalmarketing #socialmedia

Talking about branded residences? It's complicated. Blending hospitality and real estate needs equilibrium. Regulatory environments are diverse and often confusing. Check out C9 Hotelworks presentation on hotel Thailand branded residences and get in touch if you want to know more about how we can assist with expert advice. #C9Insider #C9hotelworks #Thailand #BrandedResidences

The unveiling of new hotels in Thailand in 2024 not only signifies an expansion in hospitality offerings but also presents lucrative investment opportunities in the thriving tourism sector of the country.

Transform Hotel Management with Samsung XCover 7 #Samsung #xcover7 #HotelManagement #HospitalityInnovation #SmartHotels #HotelEfficiency #ModernHotels #HotelUpgrade #TechInHotels #HotelOperations

Exciting news alert for Bali’s hotel sector! 🇮🇩 Bali's hotel sector is experiencing a phenomenal recovery, with a notable 0.7% increase in occupancy levels in Q4 2023 and a remarkable 26% rise throughout the year. This resurgence highlights Bali's enduring appeal as a premier tourist destination, particularly in Ubud and Kuta-Legian. Our latest article delves into the implications for property investors, exploring the promising opportunities in Ubud and Kuta-Legian, while also cautioning about the potential challenges in the Canggu market. Stay informed and seize the opportunity for strategic investments in Bali's thriving hospitality sector! Read the full article here: https://lnkd.in/gsJAKWpb #Bali #HospitalitySector #InvestmentOpportunity #PropertyInvestment #Ubud #KutaLegian #Canggu

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I am thrilled to share that one of Yogyakarta’s newest resort, Garrya Bianti Yogyakarta is being featured in The Handbook. Let’s bring Yogyakarta hospitality and tourism industry to higher level. You can read the article by clicking the picture below. #GarryaBiantiYogyakarta #BanyanGroup

In 2023, Bali’s hotel market experienced a remarkable rebound, surpassing peak 2019 RevPAR numbers by a whopping 37% (entirely ADR driven). With domestic arrivals nudging 10 million and international arrivals at 5.3 million, 1 million short of 2019, Bali is vibing. Aussies, Indians, Chinese (still down 900k vs 2019), the UK and the US were the top 5 source markets in 2023. The only performance matrix sliding is ALOS down to just over 3 days, no doubt impacted by ADR increases – in it for a good time, not a long time. By rate category, luxury resorts’ ADR soared and the upper-midscale resorts nailed RevPAR. Outstanding occupancy in both Kuta and Legian (Sanur boomed) and rates at resorts in Jimbaran / Uluwatu surpassed expectations. Bali’s branded residences sector is on an upward trajectory this year, bolstered by strong demand for second homes and investment into leisure-oriented real estate. Matt Gebbie #bhamembers