New Market Study Published: Travel Accommodation in Indonesia
More chained hotels and small independent travel accommodation providers, particularly unrated hotels, continued to build outlets during 2012 in order to meet growing demand for accommodation as a result of the expanding tourism industry. With rising disposable incomes, consumers are also increasingly trading up from budget hotels to mid-priced hotels or from mid-priced hotels to luxury hotels. The number of five star hotels continues to grow nationwide, with Bali and Jakarta still accounting...
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