Property consultant Colliers International Indonesia said Bali’s hospitality industry had been dominated by the opening of luxury hotels in the past two years.
Five luxury accommodations are set to open in Bali by 2019, kompas.com reported.
Based on data released by Colliers International Indonesia, the five hotels are Solis Capella Resort Hotel in Ubud, Jumeirah Hotel and Waldorf Astoria Bali Uluwatu in Jimbaran, Hyatt Regency Bali in Sanur and Shangri-La Nusa Dua Resort and Spa in Nusa Dua.
The property consultant said Bali’s hospitality industry had been dominated by the opening of luxury hotels in the past two years.
This year, Bali will add around 1,521 hotel rooms, 837 of which will be at five-star properties.
Read also: Bali still among Asia's best holiday destinations
Global events and direct flights are among the reasons for luxury hotel operators investing on the island.
Bali is known for hosting global events, such as the upcoming FIABCI Global Real Estate Summit in December.
Meanwhile, the company's senior research director, Ferry Salanto, said direct flights to Bali had helped to increase the number of arriving tourists by 10 percent annually. Hence, Bali remained an attractive market for luxury hotel operators. (jes/kes)
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.