TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Bintan Hotel Report Talks Airlift

Category: Hotels, Posted:24 Jan 2020 | 06:00 am

The Bintan storyline can best be summed up that limited accessibility remains a glass ceiling for island’s tourism demand growth. Hoteliers pin ambition on the new upcoming international airport, but the question remains will carriers embrace the new facility when finally opened.    

Bintan is located in the northwest of Indonesia within close proximity to Singapore. Currently, there are six seaports and one airport (Raja Haji Fisabilillah airport) on the island. Ferries are the primary transportation mode as the airport only serves domestic flights. Bandar Bentan Telani Ferry Terminal draws the highest number of arrivals, which totaled 1.06 million in 2018 (latest available data).

Over 42% of the hotel supply on the island is located inside the integrated tourism development of Bintan Resorts. It has the highest concentration of internationally branded resorts ranging from midscale to luxury tier. Singapore is the largest source market for Bintan, accounting for 36% of the total international visitors in 2018. Due to the heavy reliance on a single market, room night demand peaks during weekends and Singapore public holidays. However, occupancy drops significantly on weekdays and effectively caps trading numbers.

There is a much-delayed new airport located inside Bintan Resorts, that when finally operational, will alter the island’s tourism ambition. Targeting international flights, the project features a 3,000-meter long runway with capacity of one million passengers annually. The airport could be a positive disruptor, the increased connectivity will draw demand from a wider market.

To download and read the Bintan Hotel Market Update CLICK

Other News

Read more

C9 Hotelworks New Thailand Branded Residences Report Released

Category: Hotels|Real estate, Posted:21 Sep 2024 | 09:19 am In 2020, Aman Nai Lert Bangkok established a new standard for ultra-luxury branded residences positioning itself as the best-in-market product at the time. Today, the Porsche Design Tower Bangkok, developed in partnership with Ananda Development, has pushed those boundaries further, surpassing THB1 million (just over USD33,000) per square meter. This landmark project not only raises […]
Read more

Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]
Read more

South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]
SiaJai logo

Thailand's Leading Homecare Marketplace