Indonesia Hotel Watch 2017 - HVS
HVS Singapore is pleased to publish the fifth edition of the Indonesia Hotel Watch (IHW) 2017. This publication provides an insight into the top ten hotel markets in Indonesia, the world's largest archipelago. Growth in the global economy is likely to be uneven and imbalanced over the next few years, as the world continues to struggle to meet its sustainable development goals.
Through this IHW 2017 publication, we present detailed research and unbiased opinions to encourage data-driven fundamental analysis to take lead in the decision-making process. We have analysed the overall hospitality landscape in Indonesia, highlighting the demand and supply dynamics and future growth potential. Given the strong growing domestic middle class, HVS has decided to provide greater insight on its growth in Indonesia. 2017 started on a sluggish note but is expected to improve following a strong 5% GDP growth in 2Q2017. Of the ten markets we track, five markets have positive RevPAR change from 2015 to 2016. In addition, three markets are forecasted to have positive RevPAR growth for 3-year CAGR. Special thanks to our Singapore and India teams for their efforts in the preparation of this publication.
About HVS
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.