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Indonesia among the Biggest Players in Asia-Pacific Hotel Industry

Indonesia among the Biggest Players in Asia-Pacific Hotel Industry

Indonesia is among the biggest players in the Asia-Pacific hotel industry, according to HVS Asia-Pacific Hotel Operator Guide 2018.

The study, compiled in December 2017, revealed that China dominated the Asia-Pacific hotel industry with a market share of 50 percent, with 2,754 existing and 1,532 pipeline properties, followed by Australia with 10 percent market share and India with 8 percent.

Image: Four Seasons Hotel Bali
Image: Four Seasons Hotel Bali

 

Meanwhile, Indonesia was said to own 6 percent of the market share with 356 existing and 228 pipeline properties.

Daniel J. Voellm, managing partner of Asia-Pacific at HVS International, said in a statement that the study covered 31 countries and territories, 1,038 markets with existing hotels as well as 718 markets with proposed hotels.

Image: Mandarin Oriental Hotel Jakarta
Image: Mandarin Oriental Hotel Jakarta

 

Furthermore, the research also revealed Bali and Jakarta were among the 15 markets based on number of properties.

Bali ranked sixth with 96 branded properties, while Jakarta ranked ninth with 80 branded properties.

As for the top 15 markets based on number of rooms, Jakarta ranked eighth with 17,575 and Bali ranked ninth with 17,257

 


Source : The Jakarta Post

Indah Gilang Pusparani

Indah is a researcher at Badan Perencanaan Pembangunan Penelitian dan Pengembangan Daerah Kota Cirebon (Regional Development Planning and Research Agency of Cirebon Municipality). She covers More international relations, tourism, and startups in Southeast Asia region and beyond. Indah graduated from MSc Development Administration and Planning from University College London, United Kingdom in 2015. She finished bachelor degree from International Relations from University of Indonesia in 2014, with two exchange programs in Political Science at National University of Singapore and New Media in Journalism at Ball State University, USA. She was awarded Diplomacy Award at Harvard World Model United Nations and named as Indonesian Gifted Researcher by Australian National University. She is Researcher at Regional Planning Board in Cirebon, West Java. She previously worked as Editor in Bening Communication, the Commonwealth Parliament Association UK, and diplomacy consulting firm Best Delegate LLC in USA. Less
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