Industry Update
Press Release18 March 2021

Horwath HTL Market Report: Bali Hotels & Hotel Residences

share this article
1 min
Horwath HTL

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.

About Horwath HTL

Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects.  If you have any questions, please contact James Chappell, Global Business Director at [email protected].

Contact
Stephanie Henley
Latest News
Advertisements