New C9 Hotelworks Bali Report Released

Category: Hotels|Real estate, Posted:16 Mar 2024 | 08:49 am

Bali is back and tourism is booming. Did you know in 2023 5.3 million international visitor arrivals and nearly 10 million domestic travelers went to Bali? Read the latest on one of Asia’s best-known travel destinations in C9 Hotelworks and Horwath HTL Bali Hotel and Branded Residences 2024 report.

Top tourism source markets include Australia, UK, USA, and rising star India. Rates are staying high. For demand, with the market strong, Kuta, Legian, and Sanur have moved up the scale. Expectations for the year are strong on fundamental stability.

Turning to branded residences, the property market remains hot with a mix of both Indonesian and foreign buyers. Mixed-use properties and investment-oriented real estate are leading trends. We expect a new wave of international branded properties to be announced soon as projects are moving to the development phase.

To read the full Bali Hotel and Branded Residences 2024 report CLICK

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