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Property Market Report | Q4 2020 Jakarta Hotel

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Hospitality 1536x1040

Jakarta, as the capital of the country as well as one of Indonesia's business centres, is representative of how the country is handling COVID-19 because with the situation not improving, a lot of activities, especially business-related ones, have been delayed.

In connection with the emergence of a new variant of the COVID-19 virus, which is said to be transmitted more quickly, the Ministry of Foreign Affairs will close the door to foreigners for 14 days as of 1 January 2021. The only exception will be for foreign officials at the ministerial level and above, and they must follow the strict COVID-19 prevention protocols. This will be an ongoing challenge for the hotel industry.


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Property Market Report | Q4 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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