Recent Study: Travel Accommodation in Indonesia
The number of travel accommodation outlets continued to grow at a more moderate rate in 2013 compared to the previous year, with the number of chained hotels growing at a higher rate than independent ones. Star-rated hotels also gained better occupancy rates, especially 1-3 star hotels, due to rising demand amongst budget travellers. Major chained hotels continued their aggressive expansion in the country together with leading property developers, which have been joining the hotel development trend along with other growing...
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