Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Indonesia Budget Hotel Sector is Booming
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Indonesia Budget Hotel Sector is Booming

Growing Indonesian Domestic Travel Market Create Demand for Budget Hotels.


Bali News: Indonesia, Collier International, Budget Hotels, Amaris, Tune, Whiz, Pop Harris, Formule1
Click Image to Enlarge

(3/7/2011)

The Indonesian hotel industry is discovery the strong potential for revenues and profits to be earned form the country's growing budget hotel sector.

As reported by Bisnis Indonesia, Ferry Salanto, the Research Division Manager of Colliers International, points to the large number of relatively new players in the budget hotel sector, including: Amaris, Tune, Whiz, Pop Harris and Formule1.

Investors are attracted to the budget hotel sector because of the relatively low investment required and a demonstrated ability to maintain high occupancies.

Said Salanto, "over the past three years, the 'budget hotel' segment has grown and will continue to do so in the future, particularly in large cities which are a transit point for traders – such as Surabaya, Jakarta, Batam, Yogyakarta and other cities."

He explained that the major attraction for guests staying at budget hotel is linked to prices that range between Rp. 250,000 to Rp, 400,000 (US$27.75 – US$44.50) per night.

Investors are also often building budget hotels in close proximity to shopping centers, which compensates for the lack of restaurants and other attractions found in larger, starred hotels.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
An Island of Winners
Winners of the 2016 Yak Awards
(12/4/2016)
Taro – Where Elephants are Loved in Bali
Nigel Mason of Bali’s Elephant Safari Park Defends Affection and Positive Reinforcement as the Only Way to Train an Elephant
(12/4/2016)
Overly Ambitious Tourism Targets
A University of Indonesia Economist Faisal Basri Questions if 20 Million Tourist Target by 2019 is Realistic
(12/4/2016)
The Hillsides Are Alive
Petang Area of Bali Under Threat of Isolation Due to Landslide
(12/4/2016)
Spinning Wheels of Protest
Disabled Group in Wheelchairs Travel 17 km to Demand Access for the Disabled
(12/4/2016)
World’s State Bankers to Meet in Bali
Bali to Host Annual IMF and World Bank Meeting in October 2018 - More than 13,000 Expected to Attend
(12/4/2016)
Putting an End to a Boondoggle
Denpasar, Bali Official on Trial for Corrupting Rp. 2 billion in Official Travel Funds
(12/4/2016)
Farewell Grand Nikko, Welcome Hilton Bali Resort
Grand Nikko Brand Exits Bali with Rebranding as Hilton Bali Resort
(12/4/2016)
A Warung that Wows!
Chef Hugo Coudurier Experience at 3-Star Michelin Award Restaurants and his Surfboard to Bali to Open Two New Eateries in Canggu and Echo Beach.
(12/5/2016)
Jenggala at 40
Jenggala Keramic Month-Long Celebration of Four Decades of Magnificent Design
(12/4/2016)
Bill Bailey - Please Come Home to Bali?
Famous UK Comedian Bill Bailey to Perform at Trans Resort Bali on Saturday, December 17, 2016.
(12/5/2016)
And the Sea Rushes In
The Lovina Bali in North Bali Defends Installation of Temporary Breakwater as Needed to Stop Beach Erosion
(12/4/2016)
All [News]!