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Property Market Report | Q4 2018 Jakarta Hotel

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Hospitality 1536x1040

Generally, the second semester of 2018 was highlighted by higher occupancy. ADR performed well only in the months when the Asian Games was held in Jakarta. 
In anticipation of slower business activities particularly in the Q2 2019 (after the general elections in April, the fasting month of May and Idul Fitr in June), hoteliers should focus on maintaining corporate accounts.

Meanwhile, promoting more MICE activities would complement room revenues. Hoteliers may benefit from making good use of available technology. Online booking through the corporate website will help promote customer loyalty, as the internet could much effectively soft sell, grasp communities and promote the hotel. 


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Property Market Report | Q4 2018 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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