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Article: Prospects of demand for hotel rooms
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- November 21, 1994
CopyrightCOPYRIGHT 1994 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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It is believed that the number of foreign visitors will continue to increase in the coming years, as a result of the development of many tourist attractions and facilities, including golf courses. Apart from that, the Government is encouraging convention tourism, which is related with meetings, incentives, conferences and exhibitions (MICE). A number of programs have been prepared for an annual agenda, including international environmental and tourism conventions. At the same time, the mobility of the Indonesian people is expected to increase significantly, with the implementation of five working days nationwide, which will allow people to go out of town or to go to more ...
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... ... questioned whether adding so many hotel rooms would saturate a market with a 60 percent occupancy rate. "I'm sure whatever hotel he ... be able to make money with our hotel rooms. The proximity to downtown is ...
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