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Learn moreFeb 2018
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Indonesia is one of the biggest tourist destinations in South East Asia and has become one of the targets for luxury hotels. In 2016, only around 10 luxury hotels were developed in the country, by international hotel chains such as Ritz Carlton and domestic chain PTT family.
It is expected that these trends will continue during the next five years, with competition in the area thus set to increase. International hotel chains are expected to complete new hotel developments such as Park Hyatt in 2017 and Capella group hotel in early 2018.
Indonesia has a total of 17,000 islands which offer unique natural landscapes and abundant beaches that attract tourists from all over the world. Aside from Bali, many investors are beginning to look for secluded and untouched beaches to build luxury hotels and resorts.
Hotel Mulia is the leader in luxury hotels, accounting for almost 50% of total sales in Indonesia. Mulia currently has five outlets in Bali and Jakarta, all of which have high occupancy of at least 65%.
International hotel chains such as such as Ritz Carlton, JW Marriot, and Capella Hotels continue to dominate. This trend is projected to continue over the next five years as consumer perceptions of internationally well-known hotel chains remain unchanged.
Internet hotel booking reservation players such as Booking.com, Agoda.
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Discover the latest market trends and uncover sources of future market growth for the Luxury Hotels (5-star plus) industry in Indonesia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Luxury Hotels (5-star plus) industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Hotels (5-star plus) in Indonesia market research report includes:
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.