Guess which hotel chain has the most properties in Jakarta | Real Estate Asia
, Indonesia

Guess which hotel chain has the most properties in Jakarta

This brand operates a total of 34 establishments in the city.

 

There were no new hotel rooms added in Jakarta in Q3 2024, leaving the total hotel room supply at 45,375 rooms, according to Colliers. 

 

A total of 793 rooms is expected to be added by 2028.

 

Here’s more from Colliers:

 

The Jakarta hotel market has become increasingly crowded with international chains. Prestigious names such as Park Hyatt, The Langham, Swissotel, and St. Regis have recently invigorated the market. Looking ahead, major brands such as Hilton, Marriott International, Hyatt Hotels, and Pan Pacific are set to further expand their presence in Jakarta.

 

As of Q3 2024, the hotel chain with the most properties in Jakarta is Accor, operating 34 establishments primarily in the 4-star category including 8 Mercure Hotels and 3 Novotel hotels. In contrast, Ascott leads in the service apartment segment with three Ascott properties, five Oakwood properties, and four Somerset properties. 

 

Notably, service apartments have evolved over the years to accept not only long-stay guests but also daily guests, which has improved their occupancy rates; however, this shift has made service apartments competitors to traditional hotels. Nonetheless, the supply and upcoming developments in Jakarta continue to be predominantly hotel-focused compared to service apartments.

 

Join Real Estate Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Retailers expand amidst slow consumer spending
Shop owners are getting the best units in the most prime locations amidst thin supply. 
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong builders pivot overseas amidst housing slump
Some are closing deals in Saudi Arabia, while others are turning to nearby Macau.