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Bali Hotels: Boom or Bust?

Bali's Starred Hotels Averaged 58.05% Occupancy in February

(4/16/2013) Bisnis Bali reports that starred hotels in Bali during the month of February experienced an average occupancy of 58.05%, increasing a slight 0.48% from occupancy of 57.57% recorded in January.

 
“This level of occupancy is sufficiently good because it is above 50% and enough to cover operational expenses, including wages,” said the head of the Bali Bureau of Statistics (BPS), Gede Suarsa, on Tuesday, April 9. 2013.
 
Suarsa reported that starred hotels experienced a range of average occupancies across the sub-regions of Bali in February with properties in the most populous regency of Badung averaging 79.58%, up from 67.28% in January.  This was followed by Gianyar at 60.97%, up from 56.5% one month before. Meanwhile, Bali’s capital of Denpasar recorded an average occupancy of 48.17%, down slightly from 49.35% in January.
 
Other average occupancies in February reported by BPS were Buleleng 48.11%, Karagasem 37.74% and Tabanan 30.29%.