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View all search resultsRedDoorz optimistic about future in Indonesia despite Jakarta PSBB
RedDoorz CEO Amit Saberwal said that occupancy rates in Indonesia had risen to 30 to 40 percent during the relaxation of large-scale social restrictions (PSBB), which began in May.
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B
udget hotel booking and management platform RedDoorz has said it is optimistic about its future in Indonesia, with the company expecting occupancy rates to increase despite the reimplementation of partial lockdown measures in the capital.
RedDoorz CEO Amit Saberwal said that occupancy rates in Indonesia had risen to 30 to 40 percent during the relaxation of large-scale social restrictions (PSBB), which began in May.
Although occupancy was “not optimal” compared to pre-COVID-19 levels of 60 to 70 percent, he said the rate had been slowly creeping up.
“The slow uptick was there, and it will continue,” he told The Jakarta Post in an interview on Monday. “However, I foresee that there will be a demand dip again in Jakarta for sure.”
Saberwal also said he was optimistic the budget hotel industry would be among the first sectors to economically recover after the pandemic, fueled by demand from domestic tourists.
He said the mid-segment market and high-end travel market were expected to pick up once international flights returned to normal.
Such a trajectory, he added, had been seen in the domestic tourism and hospitality industries of China and South Korea.
