Close
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 · Nyoman's Land
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

Nyoman's Land

Bali's Arrival and Occupancy Numbers Continue to Plummet.


Bali News: Nyoman's Land
Click Image to Enlarge

(11/9/2002)

Reeling in the aftermath of the October 12th terrorist attack on Legian-Kuta, foreign arrivals and hotel occupancy rates continue their dramatic downward spiral. As a result, local tourism obervers sit on the edge of their seats wondering when the downward spiral will bottom out - forming the benchmark for the slow climb back to recovery, leaving them asking: Is the worst over, or still to come?

Hotel Occupancies

According to figures released by the Governor's Command Post, overall occupancies on the island stood at an average 18% on October 26, down from a level just over 70% in the days just prior to the tragedy.

Some individual major properties on the island are said to be registering single digit occupancy figures, well below the estimate 20-40% occupancy levels needed to generate sufficient cash flows to sustain break-even operations.

Many hotels have responded by requiring staff to take all unused leave, to take "leave in advance," and reduce working days - all steps seen as preludes to the seemingly inevitable staff reductions if the crisis of confidence in Bali continues.

Arrivals

Equally foreboding are the foreign arrival numbers at Bali's Ngurah Rai International Airport. Daily foreign arrivals were averaging just over 5,000 passengers per day in the days prior to the attack. That number has continued to dwindle with only 798 people arriving through the airport on October 24, 2002.

Forward Bookings Weak

While cancellations of groups and individual passengers were of tidal intensity during the week following the blast, the fact that new bookings for holiday bookings to Bali have slowed to a trickle foreshadows a long and prolonged drought of visitors for the months ahead.

One industry expert has estimated losses to the meeting and conference sector alone in terms of cancelled bookings at a value exceeding US$ 10 million.


© 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
Murder at Bali Emerald Villas in Sanur, Bali
Long-Time Bali Resident Bob Ellis Murdered in What Police Believe was Murder-for-Hire Scheme Orchestrated by His Wife, Noor Ellis
(10/24/2014)
Fighting Malaria in Bali
Denpasar Health Officials Undertake Educative Steps and Fogging to Prevent Upswing in Dengue Fever Cases
(10/24/2014)
November Fuel Price Hike Increasingly Certain
Kompas.com Reports Premium Fuel Prices to Increase 46% on November 1, 2104
(10/24/2014)
Harmony Inside
A Solo exhibition by I Made Wiradana, "Harmony Inside" November 20 - December 18, 2014 at Ganesha Gallery – Four Seasons Resort Jimbaran
(10/24/2014)
Living in an Age of Contagion
Bali Isolates Patient Suspected of Contracting MERS-CoV
(10/24/2014)
Denpasar to Dili Daily
Garuda Starts Daily Flights between Bali and Timor Leste
(10/24/2014)
Picking Fave – orites
Archipelago International Opens 5th Favehotel in Bali
(10/24/2014)
Bali and Beyond: Reading on Borneo
Bookshelf: 'Looking for Borneo' – Insights into the Endless Beauty of the World’s Third Largest Island
(10/24/2014)
Adolescent Desires
Australian Philip Robert Grandfield Deported to Australia After Six Years in Prison on Pedophilia Conviction
(10/24/2014)
Change Has Gotta Come
Putting Bali’s Illegal Moneychangers Out of Business
(10/24/2014)
It’s Beginning to Look a Lotte Like Christmas
BIWA Christmas Bazaar at Lottte Mart Saturday, November 16, 2014
(10/24/2014)
Heinz's 100 Varieties of Indonesian Cuisine
Bookshelf: A New Approach to Indonesian Cooking by Heinz von Holzen
(10/20/2014)
All [News]!