Indonesia Hotels Market Analytics To 2022: Rooms And Revenue Analytics
Buy Now Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen a moderate change in the recent years and is also expected to evolve in similar fashion in the near future. During 2013-2017 the overall room occupancy rate in Indonesia inclined at a CAGR of 1.75% with 55.98% of occupancy rate in 2017. Considering the occupancy rate by segments, Luxury hotels accounted for the highest occupancy of 60.25% in 2017 while Budget hotels segment registered the lowest occupancy of 46.19%. The former registered a CAGR of 1.18% while the latter recorded a CAGR of 1.10%. The report Indonesia Hotels Market Analytics To 2022: Rooms And Revenue Analytics provides deep-dive data analytics on wide-ranging Hotels business aspects including overall revenue by customer type-Business and Leisure, by type of hotel-Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments ...