Hotels in Jakarta Record Revenue Decline | KF Map – Digital Map for Property and Infrastructure in Indonesia
Hotels in Jakarta Record Revenue Decline
Wednesday, 20 May 2020

Based on the reports from Indonesian Hotel and Restaurant Association (PHRI), hotel occupancy rate in Jakarta from 1 to 14 March 2020 was at 25-40% range after approximately 60 star-hotels suspended their operational temporarily or altered their operation to accommodate medical staff. The hotel association reported that room revenue may potentially drop at 10-25% range in the first semester of 2020 from the same period last year.

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