Extraordinary Growth Opportunities in Indonesia for Hotel Chains | HVS Report
By Arief Gunawan and Jiahao Zhang
International visitor arrivals to Indonesia in the first nine months of 2012 rose by 5% to 5.9 million from 5.6 million visitors during the same period of 2011. The growth in visitor arrivals amid the current global economic uncertainties indicates that Indonesia remains one of Asia's popular destinations. The Ministry of Tourism and Creative Economy remains confident that its target of receiving 8 million visitors in 2012 can be achieved.
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HVS, the world's leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.