Known for its idyllic beaches, rich culture, iconic rice paddies and natural beauty, Bali is one of the prominent tourist destinations both within the Indonesia archipelago and globally.
Undoubtedly, Bali’s tourism industry has had to navigate the challenges brought about by the Covid-19 pandemic. However, CBRE’s view is that the impact is only temporary and the long-term prospects remain positive given the efforts that the Bali government has undertaken to support its tourism industry.
Furthermore, Bali’s ability to rebound quickly in past crises suggests that it will likely benefit from a strong tourism recovery following the easing of Covid-19 measures.
This report analyses the current developments around re-opening plans and vaccination progress, visitor arrivals, hotel performance and projected supply, and provides our long-term outlook on Bali.
Click Here to view the full report.
Key Contacts
Steve Carroll
Head of Hotels & Hospitality
Capital Markets Asia Pacific
+65 9179 1439
[email protected]
Junrong Teo
Associate Director
Hotels & Hospitality Asia Pacific
+65 9691 3401
[email protected]
Ting Ting Wee
Manager
Hotels & Hospitality Asia Pacific
+65 9152 1409
[email protected]
Thu Tran
Senior Analyst
Hotels & Hospitality Asia Pacific
+65 9233 7417
[email protected]