Indonesia’s minimum wage unchanged in 2021

The Indonesian Minister of Manpower Indonesia’s Ministry of Manpower has issued a memorandum to the Nation’s Provinces and Special Regions regarding minimum wage levels in 2021. In that memo (Surat Edaran Nomor M/11/HK.04/2020) on the stated subject of minimum wages for 2021 in a time of COVID-19, the Government has declared that minimum wage levels will not increase in 2021.

As reported by Kompas.com, the Ministerial Memorandum states: “In consideration of the condition of the Indonesian economy during the Covid-19 pandemic and the need for national economic recovery, the Governors […]

Indonesia grants financial aid to tourism businesses in priority districts

The Indonesian government will disburse Rp3.3 trillion (US$224 million) in grants to help tourism-related businesses, especially hotels and restaurants, cushion the impact of the pandemic as well as to finance improved health protocol implementation at tourist destinations.

Wishnutama Kusubandio, minister of tourism and creative economy, said at a web-press conference last week: “This is the first of various recovery programmes that are expected to help the hotel and restaurant industry, which is facing financial difficulties as well as local administrations that […]

APAC shows continued hotel performance recovery

The Asia-Pacific hotel industry has reported continued performance improvement from Covid-19 low points thanks to strong domestic demand and holidays, according to a performance outlook presentation by Jesper Palmqvist, STR’s area director for the region during last week’s Hotel Investment Conference Asia Pacific 2020.

“Unlike the declines we’ve seen in the US after Labour Day or Europe after the summer holidays, Asia-Pacific markets have continued seeing growth,” Palmqvist said.

“For instance, in September, 70 per cent or better occupancy levels were registered […]

Indonesia to get over 23,000 new hotel rooms

127 properties will launch across Indonesia, according to the TOPHOTELPROJECTS construction database, but the majority of the projects will be in the capital of Jakarta and the well-established holiday destination of Bali.

127 hotels with 23,255 rooms will go live in Indonesia in the coming years. We take a look at the data compiled by our researchers to learn more about these forthcoming openings.

Planning far into the future
In the last quarter of 2020, 18 hotels with 3,127 keys will open across […]

Adrian Zecha launches Ryokan-inspired hospitality brand Azumi

Aman founder Adrian Zecha has teamed up with Japanese hospitality group Naru Developments to launch a new hospitality brand, Azumi, that aims to offer a fresh take on the Japanese ryokan by combining the personable service typical of the traditional inn with global hotel standards.

The first Azumi property is slated to open on one of the islands in the Setouchi Region of Japan come spring 2021.

Each Azumi property will serve as a medium of expression for each locale and its […]

Indonesia in expansion spotlight for hotel players

Banyan Tree draws up expansion plan for Indonesia

Banyan Tree Group has unveiled plans to roll out five new hotels in Indonesia as part of its regional expansion strategy, singling out the country’s Indonesia’s long-term potential in attracting both overseas and domestic markets.

“We are more than confident in the enormous potential of the Indonesian market and are directing our business development plans accordingly. A few years ago we made the strategic shift to a design-driven, multi-branded portfolio, differentiated by our brand […]