Thanks to aggressive expansion by chained hotels in Indonesia, overall lodging secured 10% current value growth in 2014. Several leading chained hotels in Indonesia, namely Archipelago International, Accor Asia Pacific, Grahawita Santika PT, Swiss Belhotel International (SBI) and TAUZIA Management & Consulting, opened new outlets (under existing brands and new ones) during the year. The expansion has yet to be completely realised with many projects still in the pipeline. However, this heightened competition has been leading to oversupply in certain areas, thus reducing the average occupancy rate for the overall hotels category in Indonesia.
Industry Prospects
In lodging in the forecast period, growth will continue to be led by chained hotels. Though independent hotels will also achieve healthy growth in number of outlets, chained hotels will grow more robustly across the forecast period. Chained hotels especially benefit from their international networks through their online reservation systems, which give them a competitive advantage over those without these. Leveraging their economies of scale (higher number of outlets and rooms), most chained hotels are also able to offer more-competitive pricing than independent ones. Additionally, the renowned brand names among chained hotels gives a better assurance to frequent travellers to book chained hotel rooms than those managed independently and with a less-familiar or unfamiliar brand. Among chained hotels, Archipelago International and Accor Asia Pacific will continue to lead lodging in Indonesia across the forecast period.
Full Report Details at
- http://www.fastmr.com/prod/1063371_lodging_indonesia.aspx?afid=302
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Travel Accommodation industry in Indonesia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Travel Accommodation industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Travel Accommodation in?Indonesia market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Travel Accommodation in Indonesia?
* What are the major brands in Indonesia?
* What is the rate of development for chained hotels vs independent hotels?
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Lodging in Canada
- Lodging in Ireland
- Lodging in China
- Lodging in Croatia
- Lodging in Morocco
"Lodging in Indonesia" now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001