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Increased Demand in Hotels in Bali
The new report published by Horwath HTL together with C9 Hotelworks reveals that hotels in Bali experience increased level of demand. This is particularly true if calculate international arrivals to the famous island. According to the figures published by the Bali Hotel, in August 2014 arrivals to the island added 14% if compared to the same period of 2013. Expectations for the whole year are also very promising – by the end of 2014 as many as 3.8 million visitors are expected to arrive to the island using Ngurah Rai Airport. Currently, more than 90% visitors to the island are tourists from Asia Pacific markets, but the situation is expected to change in 2015 as the Indonesian government has cancelled visa requirement for visitors from such countries as China, Japan, Australia, Russia, and South Korea.
The tourism to the island is forecasted to grow in coming years, and its effect will expand to Sumba, Lombok, Flores and the Gili Island. Property developers will also recognize growing demand for these areas and will be more willing to open hotels there, giving opportunity to the development of the region in general.
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