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occupancy-rate

Hotels expect drop in occupancy during year-end holidays
Economy 1 year ago

PREMIUM
Hotels expect drop in occupancy during year-end holidays

Hotel businesses are expecting a lower occupancy rate during this year's Christmas and New Year season compared with last year, as the country grapples with weakening purchasing power.
Mall, retail operators fret over stagnating occupancy following import restriction
Economy 2 years ago

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Mall, retail operators fret over stagnating occupancy following import restriction

The mall occupancy rate for 2024 is projected to hover at 80 percent, like last year, with some fearing it could drop below this.
How Jakarta’s ailing malls are fighting back
Economy 2 years ago

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How Jakarta’s ailing malls are fighting back

Jakartans have long been predicting the demise of many of the city’s aging shopping malls, but a select few are working to defy their bleak prognoses and take out a new lease on life, despite today’s harsh brick-and-mortar retail realities.
Mall tenants to maintain prices despite hike in rents
Economy 2 years ago

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Mall tenants to maintain prices despite hike in rents

Mall rents are projected to rise this year but retailers say they will maintain their prices as long as the increase is not too extreme.
Not just about Java, Bali
Editorial 4 years ago

Not just about Java, Bali

Unfortunately, while the Delta variant is responsible for most new infections in the second wave of the pandemic that is beleaguering the country, health facilities and medical workers in regions outside of Java and Bali are simply poorly prepared.
Hospital beds remain scarce as Indonesia rolls out vaccines
National 5 years ago

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Hospital beds remain scarce as Indonesia rolls out vaccines

The country's health system is nearing full capacity, prompting calls for the government to strengthen health protocols alongside the nationwide vaccination rollout.
Downward occupancy trend in commercial spaces in Indonesia to sustain in 2021
Business 5 years ago

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Downward occupancy trend in commercial spaces in Indonesia to sustain in 2021

The downward trend in the occupancy rate of commercial property is expected to continue this year in Jakarta and Surabaya, even as new real estate is set to open in the two cities to add to the supply glut.
New cases, deaths soar as COVID-19 patients pile up in hospitals
National 5 years ago

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New cases, deaths soar as COVID-19 patients pile up in hospitals

Indonesia must contend with new confirmed COVID-19 cases and deaths that are concentrated in several regions across the country, putting a strain on local healthcare facilities.
OYO Indonesia to expand Sanitized Stay program to 50%, boost occupancy
Business 5 years ago

OYO Indonesia to expand Sanitized Stay program to 50%, boost occupancy

The budget hotel chain plans to implement its government-compliant health and safety program at 50% of its properties in a bid to reassure guests and boost occupancy rates.
'Pull the brake': Unease as more than half of COVID-19 beds in Jakarta in use
National 5 years ago

'Pull the brake': Unease as more than half of COVID-19 beds in Jakarta in use

Jakarta is reaching a critical point in its fight against COVID-19 as it sees rising hospitalization of COVID-19 patients, prompting concerns that it would have to increase its healthcare capacity and reimpose stricter curbs.
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