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Property Market Report | Q4 2019 Bali Hotel

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Hospitality 1536x1040

In 2018, the number of international tourists visiting Bali was lower than the target, due to natural disasters at the end of 2017 and followed by the "zero dollar tour", which greatly decreased the number of visitors from China and which was still felt in 2019. Furthermore, the increase in the price of domestic plane tickets was also a factor.

Recently, the government has prioritised the development of 10 new tourist destinations, and these indirectly compete with Bali. Thus, Bali should explore new attractions and be creative so that people will be curious and come. Meanwhile, the plastic waste problem in the island should be another consideration especially for the local government. The use of plastic products should be stopped, or plastic rubbish should be recycled.


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Property Market Report | Q4 2019 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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