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Colliers Quarterly Property Market Report Q1 2022 Bali Hotel

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Market signals recovery is near

The Hotel industry in the main destination area, has a brisk outlook and foresees a move in a positive direction. Bali has already welcomed foreign tourists. Quite a few countries, including Australia, have begun to open their borders and allow their citizens to return to travel. There is a likelihood that demand for accommodation has improved; this is also underpinned by Bali’s easing of quarantine policy. We expect this should contribute to the rise of hotel occupancy rate by around 10-20% by the end of 2022.

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Colliers Quarterly Property Market Report Q1 2022 Bali Hotel

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Related Experts

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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