The tourism industry in Indonesia is facing mounting pressure as the hotel sector struggles. Budget cuts, mainly from reduced government event spending, have contributed to falling occupancy rates. Industry leaders are calling for stronger support to prevent further decline and revive momentum. Tourism Industry Recovery Faces Ongoing Challenges West Java’s hotel occupancy rates have dropped…
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Indonesia’s hospitality industry is struggling as President Prabowo Subianto’s budget efficiency measures take effect. The sharp reduction in government-funded travel and events has led to a hospitality revenue decline, forcing hotels to cut costs, lay off workers, and rethink their business strategies. Industry leaders warn that without government intervention, the crisis could worsen, pushing more…
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Despite facing a challenging economic landscape with rising Value Added Tax and government budget cuts, Indonesia’s hotel industry holds immense potential for savvy investors. In this evolving market, hotel and resort owners need access to expert insights and actionable strategies. Not Yet in Top 10 Indonesia’s hotel and restaurant sector is dancing to a challenging…
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Someone’s taken a giant pair of scissors to the government’s wallet, and Indonesia’s hotel business is feeling the pinch to the tune of USD 1.63 billion. Just how much does the industry stand to lose from recent government budget trimming? Let’s see how they’re planning to bounce back. Impact of 2025 Budget Cuts on Hotels…
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