2024年巴厘岛酒店及品牌住宅报告

BaliHotel&BrandedResidences Table of Contents 5.1.Luxury (> USD 301).............................................................................................................75.2.Upper-Upscale (USD 201-300)............................................................................................75.3.Upscale (USD 141-200).......................................................................................................85.4.Upper-Midscale (USD 81-140).............................................................................................85.5.Midscale (USD 51-80)..........................................................................................................95.6.Economy (< USD 51)...........................................................................................................9 6.Performance by Location...........................................................................................................106.1.Occupancy (in %)...............................................................................................................10 6.2.Average Daily Rate (in USD).............................................................................................116.3.Revenue Per Available Room (in USD).............................................................................11 7.Average Length of Stay (ALOS)................................................................................................12 8.Hotel Market Outlook..................................................................................................................14 9.New Supply..................................................................................................................................15 10.Deep Dive into Bali Branded Residences.................................................................................1610.1.Why Doesn’t Bali Have More Branded Residences?........................................................16 10.2.Global Migration, Remote Work and Lifestyle Changes....................................................1710.3.Investment Properties Highlight Flight to Condominium and Apartments.........................1810.4.Going Forward. What to Expect.........................................................................................19 1.BaliMarket Updates In 2023, Bali's hotel market experienced a remarkable rebound,surpassing peakperformances recorded in 2019. This first fullyear of negligible COVID-19 restrictions triggered a surge indemand, driven by pent-up interest accumulated throughout thepandemic. The government's successful Visa on Arrival (VOA)program, open to 89 countries, further played a crucial role indrawing tourists to the region. Domestic visitors remained Bali's primary market in 2023 with visitation remainingrelatively consistent at just under 10 million, ranging between 700,000 and950,000 monthly, with slight dips in February and March, reaching 629,282 and665,751 visitors, respectively. International arrivals to Bali in 2023 reached 5,273,258 falling about 1 million people short of 2019levels (6.3 million). The nationality mix of the foreign tourists is shifting, primarily caused by the slowrecovery and reduced number of Chinese tourists. On the other hand, Aussies, Korean,Singaporean and Indian guests are increasing, possibly influenced by the Indonesian government'sefforts to strengthen foreign relations with these countries. With a flourishing growth trajectory, a question then arises:How long will this growth sustain itself? 2.Bali Visitor Updates By year end 2023, international visitor arrivals to Bali totalled an estimated 5.3 million, indicating arecovery from previous pandemic lows but still below the pre-pandemic levels seen in 2018 and2019. Despite this, the ongoing trend for leisurely vacations has been driving international visitors toBali. Similar to pre-pandemic trends, December had 2023’s highest number of tourists entering Bali.On December 22 alone, the island welcomed over 73,000 passengers in anticipation of Christmascelebrations,showcasing the enduring appeal of Bali as a holiday destination year-round. In 2023, domestic tourism remains crucial for the island’s sustenance, attracting a total of 9,877,911visitors. This surpasses the numbers in 2018 by 119,920 but falls short by 667,128 compared to therobust arrivals in 2019. The growth of domestic tourism, however, has been hindered by elevatedtravel costs. To bridge this gap and revive the industry to 2019 levels, future government initiativesaim to expand tourism infrastructure and offerings, catering to a broader spectrum of visitors.Specifically, transportation routes are further improved and developed to increase accessibility; talksand plans for building an internationally recognized medical centres in Sanur will hopefully bring inmore domestic visitors and add value to Bali and its surroundingislands as a tourist destination. 3.Regional Arrivals Mix The