Every quarter, Colliers provides research reports that can be downloaded for free. From our research report, you can obtain key market information from demographics, trends, and forecast reports about each different property sector. Here we provide you a research report about the hotel sector in Jakarta.
Several events held in Q1 2018 have made hotels a bit busier, with several meetings and events scheduled for last year being pushed to happen in early 2018. This resulted in a better occupancy performance in January and February, compared to the same time last year. In 2019, occupancy is projected to remain stable, but in 2020 it will likely to climb mainly due to the limited amount of new hotel room supplies.
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