Bali: Hotels & Hotel Residences
By Matt Gebbie on March 16, 2021
Market Report: Bali Hotels & Hotel Residences
One year after the pandemic decimated global tourism, Horwath HTL Indonesia and C9 Hotelworks, take a quick look at full year 2020 hotel market performance and demand trends in Bali.
Bali hotels have struggled to keep afloat, domestic tourism has provided a lifeline but hotel performance hit rock bottom. Not surprisingly much of the expected new supply is also in limbo. In residences, a new trend has appeared in luxury property sales.
Watch our short video for a synopsis of the latest performance & demand trends.