jakarta hotel supply
What to expect from Jakarta’s hotel property sector in the coming years
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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