Azana is Optimistic to Open 15 New Hotels in 2021 | KF Map – Digital Map for Property and Infrastructure in Indonesia
Azana is Optimistic to Open 15 New Hotels in 2021
Friday, 30 October 2020

Azana Hotels & Resorts (Azana) is optimistic that hotel businesses will rebound in 2021, albeit not 100%, and plans to open 15 new hotels next year, comprising three Azana Style Hotels, six Front One Hotels, two Front One Cabins and four Votel Hotels. The optimism is driven by several assumptions, including a projected economic growth of 5% in line with the 2021 State Budget estimation, an expected inflation rate of 3% and a population reaching 265 million people.

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