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Property Market Report | Q1 2018 Bali Hotel

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Hospitality 1536x1040

The Bali hotel market showed a moderate recovery after Mount Agung’s eruption in November 2017. The number of visiting tourists gradually increased after several countries rescinded their travel warnings. Hotel occupancy started to trend upwards in January and February 2018, raising optimism for the sector. The increasing number of tourists from the Middle East, as well as Muslim travellers, is considered as the emerging market for Indonesia, including Bali. Furthermore, the rating awarded by the MasterCard Global Muslim Travel Index 2017 has proven that Indonesia is worth considering as an important Moslem tourism destination, which could propel the tourism industry going forward.


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Property Market Report | Q1 2018 Bali Hotel

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Ferry Salanto

Senior Associate Director

Research

Jakarta

As Head Research Department, Ferry is in charge in providing property market knowledge for internal purposes and for clients. The scope of sectors covered in the quarterly market report comprises office, apartment, retail, hotel and industrial estate.

In regional tasks, the Heads of Research of each country work together in providing regional market reports covering the Asia Pacific region and globally. Currently Research Department is not only operating as a cost-centre department, as he and his team have been assigned by the Central Bank to provide monthly market information.

On the consulting front, the task involves providing a wide range of advisory services to our clients. Working closely with Consulting Department, we help clientsby preparing feasibility studies to determine whether their property projectsare viable from both financial or marketing aspects. 

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Nurul Yonasari

Senior Research Executive

Research

Jakarta

Nurul joined in the property industry since 2013. Experienced as property research for five years. Have a special interest in hospitality and tourism industry.

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