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Property Market Report | Q3 2020 Jakarta Hotel

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Hospitality 1536x1040

The pandemic is not yet over, and hoteliers have adopted so many adjustments to run their business. There was a transition from the Large-Scale Social Restrictions started in July, which drove economic activities. One of the impacts was increased activity in hotels, but due to the increasing number of COVID-19 cases, the Large-Scale Social Restrictions were re-applied in September, thus constituting another hit to the hotel business.


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Property Market Report | Q3 2020 Jakarta 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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