![](\"http:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/bali-and-lombok-hotel-market-1024x768-1.jpg?fit=1024%2C768\")
\nBali and Lombok have struggled with occupancy rates\u00a0in the last 12 months<\/p>\n
\nBali and Lombok have struggled with occupancy rates\u00a0in the last 12 months<\/p>\n
Long considered as\u00a0one of Southeast Asia\u2019s\u00a0most treasured tourist destinations, Bali over the years has attracted local, regional and international visitors to its beautiful shores and well-developed infrastructure. Lombok has recently joined the party as an alternative Indonesian island destination to Bali, with tourist arrivals growing year-on-year.
Bali and Lombok have struggled with occupancy rates\u00a0in the last 12 months Long considered as\u00a0one...<\/p>\n","protected":false},"author":1,"featured_media":842,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/bali-and-lombok-hotel-market-1024x768-1.jpg?fit=1024%2C768&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dz","jetpack-related-posts":[{"id":782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-new-year-has-in-store-for-indonesias-key-hotel-markets\/","url_meta":{"origin":841,"position":0},"title":"What the new year has in store for Indonesia\u2019s key hotel markets","date":"January 5, 2016","format":false,"excerpt":"\r Bali and Lombok have reportedly struggled with occupancy rates\u00a0in the last 12 months Long considered as\u00a0one of Southeast Asia\u2019s\u00a0most treasured tourist destinations, Bali over the years has attracted local, regional and international visitors to its beautiful shores and well-developed infrastructure. Lombok has recently joined the party as an alternative\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/bali-and-lombok-hotel-market-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lombok-doesnt-have-to-become-the-next-bali-heres-why\/","url_meta":{"origin":841,"position":1},"title":"Lombok doesn\u2019t have to become the next Bali \u2013 here\u2019s why","date":"May 9, 2016","format":false,"excerpt":"\r Indonesia\u2019s next premier resort destination is ready to stand on its own Located in West Nusa Tenggara, Lombok is increasingly becoming more popular with international tourists, holiday-seekers and property investors. In March 2016, the country\u2019s Central Statistics Agency recorded that foreign tourist arrivals went up by nearly 23 percent,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-bali-set-for-an-australian-driven-property-boom\/","url_meta":{"origin":841,"position":2},"title":"Is Bali set for an Australian-driven property boom?","date":"July 25, 2016","format":false,"excerpt":"\r Aussies are eating, praying, and loving their way to the fabled Indonesian island Sunrise above Ubud, Bali. Image credit: Dean Croshere (Flickr) For years, Australians have exploited their proximity to Bali, a destination fabled in book and bucket-list, for some beachside fun and perhaps a little self-introspection. Now Australians\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-driving-tourists-and-investors-away-from-bali-and-into-the-gili-islands\/","url_meta":{"origin":841,"position":3},"title":"What\u2019s driving tourists and investors away from Bali and into the Gili Islands","date":"October 10, 2016","format":false,"excerpt":"\r Luxury villa projects springing up in Gili Meno Gili Meno, Indonesia. soft_light\/Shutterstock Growing urbanisation in Bali may have driven more and more beach frolickers from Bali toward the more laidback idylls of the nearby Gili Islands. The trio of islands named Gili Trawangan, Gili Meno and Gili Air hosted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":599,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-tourist-arrivals-support-bintans-hotel-boom\/","url_meta":{"origin":841,"position":4},"title":"Will tourist arrivals support Bintan\u2019s hotel boom?","date":"December 29, 2015","format":false,"excerpt":"\r The hospitality market will have doubled in size by 2019 Bintan, an island just a short ferry ride from Singapore in Indonesia\u2019s Riau Archipelago, is currently in the midst of a hotel development boom despite foreign tourist numbers fluctuating and low hotel occupancy rates, says a new joint report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2015\/12\/bintan-hotel-market-1024x680.jpg?fit=1024%2C680&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":29905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/notable-achievers-in-real-estate-named-indonesia-property-awards-2016-winners\/","url_meta":{"origin":841,"position":5},"title":"Notable achievers in real estate named Indonesia Property Awards 2016 winners","date":"October 14, 2016","format":false,"excerpt":"\r A total of 30 award winners from Jakarta, Surabaya, Bali, Lombok and Makassar were\u00a0announced The Winners and Highly Commended at the 2nd annual Indonesia Property Awards 2016 More than 330 of Indonesia\u2019s leading names in real estate, architecture and design gathered on Thursday night (13 October) at the prestigious\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/841"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=841"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/842"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nThe past\u00a0year has been tough for both markets, however, with occupancy rates and occasionally average daily rates (ADR) suffering due to factors like the depreciation of the Indonesian rupiah, volcanic disruptions and the cancellation of various important flight routes.
\nA series of new reports from consultancy firm\u00a0C9 Hotelworks illustrate the state of the markets as we usher in 2016.
\nBali
\nA slowdown in demand has left Bali\u2019s hotel market with declining occupancy rates and the US dollar ADR in the year to September 2015. The C9 Hotelworks report\u00a0isn\u2019t confident that there will be a pick-up\u00a0this year.
\nFactors affecting 2015\u2019s performance included the nationwide devaluation of the rupiah, volcanic disruptions, foreign tourists spending less, and the fact that the growth in arrivals is slower than the growth in hotel supply.
\nMore: Upbeat Bali property market sees steady interest\u00a0from foreign investors
\nWhile progress is slowing in the projects currently under construction, there is still a huge amount of supply scheduled to hit the market in the coming years \u2013 a further 115 new hotels with 15,000 additional rooms by 2019.
\nWhile these problems are expected to continue in Bali in 2016,\u00a0increased airline routes and the long-awaited expansion of\u00a0Soekarno-Hatta Airport are expected to ease the bottleneck arrivals issue on the island next year and support growth in arrivals. Bali will also benefit from the visa-free policy enacted by the government which currently allows 45 countries to enter Indonesia without a visa, increasing to 90 by the end of the new year.
\nLombok
\nAlthough Lombok\u2019s total arrivals grew 13 percent year-on-year in September 2015 to 1.16 million, the figures are likely to be affected by\u00a0the significant cancellations of the Jetstar route from Perth, Australia, and Tiger\u2019s operations from Singapore, as well as the bankruptcy of a number of low cost domestic carriers that served the island.
\nMore: Regional visitors bet on Lombok\u2019s resort residential market
\nThe Jetstar cancellation from Perth has already seen Australian tourists drop from accounting for 25 percent of Lombok\u2019s total arrivals in 2014 to just 3 percent in 2015. This is also thought to be the reason for the severe drops in occupancy in the top-tier hotels on the island.
\nWhile problems are expected to continue into 2016 thanks to the depreciating rupiah and the cancelled flight routes, Lombok\u2019s hotels are revamping their strategy to attract more domestic and regional demand instead to make up for the lost Australians.
\nA much as 16 new hotels are expected to enter the market between now and 2019, adding an approximate 1,500 rooms to the island.
\n\u00a0
\nImage is\u00a0by\u00a0Jo@net\u00a0and used under a Creative Commons licence
\n
\nSource : property-report.com
\nRead more…What 2016 holds for Indonesia\u2019s key hotel markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"