comparemela.com

Satria Wei News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Travel Meet Asia 2024 set for Jakarta in July

Travel Meet Asia 2024 set for Jakarta in July
traveldailynews.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.asia Daily Mail and Mail on Sunday newspapers.

Indonesia hotel price war sparks debate on rate controls

Indonesia hotel price war sparks debate on rate controls
ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.

Indonesia hotel price war stirs debate on rate controls

/ Posted on 11 May, 2021 17:03 Hotels in Indonesia have triggered a severe price war in a bid to stimulate domestic demand amid the pandemic, but the government and hotel associations do not see imposition of ceiling prices over room rates as a way out. In a dialogue with the media in Jakarta, Artotel Group COO Eduard Pangkerego flagged falling average room rates in spite of rising occupancies across the group’s hotels, apart from those in Bali. Hotels in Indonesia drop room rates in a bid to boost domestic demand “The problem lies in the fact that many (upscale) hotels have dropped their rates, pressing down the lower categories. (The impact might not be so great) for the budget properties as their pricings are already low and their overhead costs are also low,” he said.

Hotels on sale in Indonesia belie optimistic outlook for sector

Hotels on sale in Indonesia belie optimistic outlook for sector
ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.