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Property Market Report | Q3 2018 Bali Hotel

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Hospitality 1536x1040

Multiple earthquakes, including a powerful and shallow 7-magnitude tremor, struck Lombok in July and August. The earthquakes were also felt on the neighboring resort island of Bali, but there were no reports of damage. The tourism sector in Bali has been quite stable thus far. The summer holiday and school holiday have underpinned the tourism market in the island. The number of inbound tourists is quite consistent in maintaining the overall hotel occupancy in Bali. The island will continue to host several big national and international events, mainly in Q4 2018.

In order to promote the tourism business in Bali, any stakeholder should support positive campaigns through any forms of media, particularly social media. In the currently tough market competition, we think that hoteliers can harness the power of social media by endorsing public figures in social media channels to produce content about the hotel where they stay.


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Property Market Report | Q3 2018 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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