jakarta hotel supply
What to expect from Jakarta’s hotel property sector in the coming years
                                                                                 
                    
                    There will be more 3-star hotels expected to be completed in 2024.
                
                                
            What to expect from Jakarta’s hotel property sector in the coming years
                                                                                                                 
                            
                            There will be more 3-star hotels expected to be completed in 2024.
                        
                                                
                        
    
                    What to expect from Jakarta’s hotel market moving forward
                                                                                                 
                        
                        Monthly occupancy rates haven’t reached below 50% so far this year.
                    
                                        
                    
                Almost half of new hotel openings in Jakarta will be serviced apartments
                                                                                                 
                        
                        Six properties are expected to open within this year.
                    
                                        
                    
                Serviced apartments to account for 41% of new hotel rooms in Jakarta
                                                                                                 
                        
                        Approximately 1,550 new rooms will enter the market this year.
                    
                                        
                    
                Expect 10 new lodging properties in Jakarta in 2022
                                                                                                 
                        
                        A third of them will be serviced apartments.