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Economy 10 months ago
PREMIUM
Jakarta hotels cut staff to stay afloat amid govt spending cuts
Most hotels in Jakarta have reported declining occupancy rates since the government cut spending on official trips and conferences, while operating costs keep climbing, forcing some to reduce headcount to scrape by.
Regulations 10 months ago
PREMIUM
Hotels demand crackdown on unlicensed rentals in Bali
As the number of tourists in Bali continues to rise, hotels on the island are suffering from declining occupancy rates, which they blame on a growing number of unlicensed rentals, raising concerns about harm to the local economy.
Economy 1 year ago
PREMIUM
Budget cuts put Bali’s event industry on brink of collapse, association says
The event industry in Bali is under pressure from austerity measures, according to industry representatives, with significant revenue declines recorded as a result of reduced government trips and events.
Economy 1 year ago
PREMIUM
Hospitality industry braces for tougher periods in ‘survival mode’
The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.
