The Hospitality Business Competition Getting Tighter: http://industri.kontan.co.id/news/persaingan-bisnis-perhotelan-kian-ketat/14 August 2017
Vice Chairman of Indonesian Hotel and Restaurant Association Sudrajat said, the level of tourist visits both foreign and domestic increased in 2016 to 2017. However, the level of occupancy of the hotel actually decreased. This is because the hotel is being oversupply and due to budget cuts of meetings and seminars by ministries to institutions or companies. Occupancy at that period averaged 45-50%.
Now more and more new hotels are emerging. But this growth is not comparable with the addition of fewer tourist increases. The growth of this hotel is done by many companies originally engaged in construction, pharmaceutical companies and airline services such as PT PP Property, Kimia Farma, Angkasa Pura and others who helped develop the hotel business. This is compounded by the lack of aviation for foreign tourists. Although foreign tourists are influential, but the lack of flights from their home countries can have no impact on visits.
Hotel and Restaurant Industry Must Synergies with Government : http://analisadaily.com/kota/news/industri-hotel-dan-restoran-harus-sinergi-dengan-pemerintah/122498/2015/04/07/7 April 2015
Restaurant and hospitality industries have to work together with the government stimulate the economy by improving tourism services.
ASEAN free trade in the face of the end of 2015, the industry must create a business climate and increasing the dignity of entrepreneurs.
"So businessmen who gathered in a single container Indonesian Hotel and Restaurant Association (IHRA) ready to compete in the arena of the ASEAN Economic Community (MEA)," said Business Practitioner Lukmanul Judge, SE to the analysis in Medan, Monday (6/4).
Luxury Hotels in Indonesia
Indonesia Industry Report and Market Research
July 24, 2018
Industry Code : H6411
Forecast to : 2022
Definition
Luxury Hotels in Indonesia This class consists of businesses providing accommodation, food and drink as well as other services to the public using part of or the whole building. The business is managed commercially and fulfils conditions which are fixed by regulations, like: location of the hotel/condition of the building, the form of service provided, qualifications of the employees, sports and recreation facilities, and the number of rooms.
Activities
The primary activities of firms in this industry are:
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Hotel operation.
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Private hotel operation (short-term accommodation).
The Luxury Hotels industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.