Industry News

Badung implements kost tax and prohibits foreigners staying in them

The controversy over the Badung government’s new boarding house (kost) tax continues. Badung Regent, I Nyoman Giri Prasta, signed off on the new regulation, about submitting, registering and permitting boarding houses to operate, on July 17, 2019. Besides regulating the legalities and the controlling and monitoring aspects, the regulation also states that foreigners are forbidden to stay in boarding houses.

The Head of Badung Investment and Integrated Services (DPMPTSP), I Made Agus Aryawan, said that “This regulation doesn’t in fact regulate […]

Read more

Four Points by Sheraton expands In Indonesia with the opening of Four Points by Sheraton Bali Ungasan

Marriott International makes another breakthrough in Bali with the opening of Four Points by Sheraton Bali Ungasan, the third Four Points hotel to open on the island. Situated in Jimbaran hills, the hotel offers breathtaking views of Jimbaran Bay, Mount Batukaru and Mount Agung. Whether travellers are on the island for work or fun, the hotel is sure to cater to the needs of today’s every day traveller with its approachable design, stylish comfort and all of the brand’s popular […]

Read more

Hotel investment sales in Singapore likely to hit new high in 2019

Singapore is on course to close out 2019 with record high hotel transaction volumes of S$2.5 billion (US$1.8 billion), buoyed by increasing tourist arrivals, infrastructure developments and limited hotel supply, according to JLL.

The latest research from the global real estate consulting firm reveals that Singapore’s hospitality industry has seen an uptick in properties changing hands, including the sale of existing assets and land sites, totalling approximately S$1.7 billion so far this year.

Hotel investment sales in Singapore in 2019 likely to […]

Read more

Indonesia’s draft criminal code would be disastrous for tourism, warns trade

Industry members in Indonesia have expressed their deep reservations and objections over the passing of a revised criminal code containing controversial articles, as they believe such a move would prove disastrous for the tourism sector if passed through.

A highly contentious bill is Article 417 (1) of the Revised Criminal Code Bills stated that anyone caught conducting adultery and sex outside of marriage could face a maximum of one year in prison. Another bill prohibits cohabitation outside marriage and same-sex sexual […]

Read more

Marriott embarks on major expansion drive in the Philippines

Marriott International expects to more than triple its portfolio in the Philippines within the next five years and roll out five new brands including The Ritz-Carlton, Element and Westin.

With four hotels currently open in the Philippines, Marriott International expects to open 14 more properties by end 2024, which would add more than 3,700 new rooms to its portfolio.

After the recent opening of Marriott’s first property in the Philippines, Sheraton Manila Hotel (above), the hotel chain expects to more than triple […]

Read more

Master plan to reshape Singapore’s Sentosa, Brani islands revealed

Sentosa Development Corporation (SDC) has unveiled a comprehensive master plan aimed at redeveloping the Sentosa and Pulau Brani islands into “a game-changing leisure and tourism destination” in Singapore, as part of the upcoming Greater Southern Waterfront precinct announced earlier this year.

The Sentosa-Brani Master Plan will be implemented in phases over the coming two to three decades, which will see the introduction of world-class attractions and new spaces and concepts, including rejuvenated beaches and expanded nature and heritage trails.

The redeveloped islands will feature […]

Read more