DENPASAR – The Regency of Tabanan plans to rebuild the long-abandoned and deserted hotel project in Bali’s Bedugul district, commonly known as The Haunted Hotel.
The Tabanan Administration has reportedly held discussions with the hotel’s current owner and is said to be seeking a new investor to totally revamp the project to become a luxury international-standard property.
The Hotel Puncak Indah, abandoned since 1998, is expected to be demolished and be replaced with a new US$15 million hotel complex, to be named […]
Read moreDENPASAR – A sharp fall in the number of Chinese tourists to Bali is being attributed to a crackdown on rogue tour operators.
Bali’s police and tourist industry have been working with Chinese authorities to shut down syndicates running “zero dollar” operations.
Tour operators in China were selling cheap trips – often for less than US$200 for a week – and funnelling tourists into Chinese-owned shops and restaurants in Bali where they were sold goods at vastly inflated prices.
Payment was often made […]
Read moreNo one can predict the timing of the next downturn, but every hotel owner can act now to protect their NOI when the downturn inevitably occurs.
By Steve Van
@PrismHotels
Hotel owners come in two distinct varieties: the lucky ones who inherited their hotels and entrepreneurs who worked a lifetime focused on making enough money to buy one. And from my personal experience, the last thing the latter group ever wants to talk about is human resources and culture. But hold on entrepreneurs […]
Read moreJAKARTA, Indonesia, Dec. 2, 2019 /PRNewswire/ — Archipelago International, Southeast Asia’s largest privately-owned and independent hotel management group, is shifting gears again and increasing its dominant lead on the domestic circuit with the latest […]
Read moreIndonesia’s hotel market looks promising with 124 hotels and 24,249 new rooms in its pipeline for the coming years.
The hotel market in Indonesia is growing steadily and shows great promise for the coming years. 124 projects with 24,249 rooms are currently in the pipeline.
To learn more about upcoming launches and strong growth regions in the country, we look at recent numbers from the TOPHOTELCONSTRUCTION database.
A solid outlook for 2020
51 properties with 8,832 rooms are planned for 2020, meaning almost one […]
Read moreFusion is substantially expanding its Vietnam presence by tripling the number of properties in the country.
Over the next three years, the wellness lodging specialists will launch 10 new hotels and resorts, representing 1,385 rooms and private villas, suites and apartments.
“We see a tremendous opportunity to expand Fusion’s presence in the country,” said Peter Meyer, chief executive of Fusion. “Recognising that there are so many beautiful, and largely undeveloped destinations in Vietnam.”
Fusion Suites Vung Tau, located in the weekend getaway beach […]
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