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HOTEL PROJECTS IN ASEAN, INDONESIA WILL OPEN 130 NEW HOTELS BY 2024

AFTER a turbulent 2020, the hotel industry will look to 2021 with great hope for recovery and renewal. From the Top Hotel Projects report, it is known that there will be 434 hotel projects with 81,792 rooms around the world scheduled to open in January 2021.

Europe leads by region with 185 hotels and 31,814 rooms. North America is following behind with 136 new properties and 23,742 rooms. The Asia Pacific region is still showing a slowdown by launching only 39 new hotels from 11,475 rooms.

In succession, Africa occupies the fourth position with 27 new hotel openings and 4,317 rooms, while 25 hotels with 4,043 rooms will soon operate in South America. There is also the Middle East region ending this list of hotels with 22 additional new properties and 6,401 room keys.

Where is Indonesia?
Between 2021 and 2024, there will be 130 new hotels covering 23,989 rooms. The new hotels are spread across the five largest markets, namely Bali, Jakarta, Bandung, Surabaya and Bintan.

The details, Bali with 22 hotels, Jakarta 20 hotels, Bandung 7 hotels, Surabaya 7 hotels, and Bintan 4 hotels. Meanwhile, throughout 2021 alone, Indonesia is scheduled to open 48 projects or 37% of the total properties in the pipeline until 2024.

By building hundreds of new hotels, Indonesia occupies the number one position in the Southeast Asian market, ahead of Thailand (128 hotels), Vietnam (116 hotels), and Malaysia (79 hotels).

Similar research was reported by Leads Property Indonesia, which stated that in 2021 the supply of hotels in Indonesia would increase. Especially in Jakarta, the increase is significant. This happened because many property developers and managers delayed opening their hotels in 2020.

“Next year, it is estimated that there will be a significant additional supply. Among them comes from the postponement of this year’s opening, including the Hotel Park Hyatt Jakarta and Hotel Sutasoma,” said Director of Research and Investment Kazim Ali Bokhari.

Meanwhile, at the Asia Pacific level, Indonesia is in fourth place, behind China, Australia and India. The Chinese giant entered with 1,332 projects from 319,286 rooms in the period 2021-2024. The hotels are distributed in Chengdu, Shanghai, Nanjing, Hangzhou and Shenzhen. For 2021 alone, China will operate 546 new hotels or 41% of the total pipeline by 2024.

Australia is in second place with 188 hotels with 36,311 rooms. This year, Australia opened 63 projects or 33% of the pipeline for the same period. The cities that will open the new hotels are Melbourne, Sydney, Adelaide, Brisbane and Perth.

And India ranks third with 22,910 rooms from 145 hotels. This year, India opened 67 projects or 46% of the pipeline until 2024. Their hotels are spread across Bengaluru, Jaipur, Mumbai, Udaipur and Dehradun. [kontan.co.id/photo special]