jakarta hotel supply
What to expect from Jakarta’s hotel property sector in the coming years
There will be more 3-star hotels expected to be completed in 2024.
What to expect from Jakarta’s hotel property sector in the coming years
There will be more 3-star hotels expected to be completed in 2024.
What to expect from Jakarta’s hotel market moving forward
Monthly occupancy rates haven’t reached below 50% so far this year.
Almost half of new hotel openings in Jakarta will be serviced apartments
Six properties are expected to open within this year.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
Expect 10 new lodging properties in Jakarta in 2022
A third of them will be serviced apartments.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
