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Colliers Quarterly Property Market Report Q3 2021 Bali Hotel

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Re-opening for International Postponed

The increasing number of Covid19 cases in Indonesia has forced the government to implement emergency Community Activity Restrictions (PPKM). As a result, Bali had to postpone welcoming foreign tourists to suppress the spread of cases. This also resulted in a decline in hotel performance in Bali.

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Colliers Quarterly Property Market Report Q3 2021 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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