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
Bad Chemistry
Bali Police Set Up Network with Local Chemical Suppliers to Detect Suspicious Terrorist-Related Activities
(3/25/2017)
Communicating Success in Nusa Dua
Rosalyn Sayswang Heads Marketing Communication at St. Regis Bali Resort and The Laguna Bali
(3/25/2017)
To Reign Over Repast
The Laguna Welcomes Gunnar Kuchenbecker As Director Of Food & Beverage
(3/25/2017)
North-South Toll Road for Bali a Non-Starter?
Public Works Minister Discounts Need for a North-South Toll Road for Bali
(3/25/2017)
Promising to be ‘Bigly’ Obedient
Billionaire Owner of Planned Donald Trump Development in Bali Promises to Respect Local Culture and Rules
(3/25/2017)
Counting the Cracks
Bali Officials Count the Damage from March 22, 2017 Earthquake
(3/24/2017)
The Tip of the Tipping Iceberg?
Two Jembrana Regency Officials Apprehended for Accepting Illegal Payments at Gilimanuk Ferry Port
(3/24/2017)
Bali Named the Best, Again
Trip Advisor Travellers’ Choice Award 2017 Names Bali the World’s Best Destination
(3/24/2017)
Four-Day Search Ends
New Zealand Drowning Victim’s Body Found by Local Fishermen
(3/24/2017)
Motorcycles Welcome at Bali Airport
Balport Adding Parking Areas for Motorcycles
(3/24/2017)
After the Silence, a Big Wet Kiss
Ritual Kissing Welcomes the Bali New Year in the Community of Banjar Kaja, Sesetan, Bali
(3/24/2017)
No Right to Bear Arms in Paradise
Police Arrest American at Bali Airport with 12 Rounds of Live Ammunition
(3/23/2017)
All [News]!