LOCATION REPORT REBUILDING BALI
Airport is one of the projects to benefit. Designed to increase capacity to 25 million passengers per year by 2035, the masterplan includes new international and domestic terminals, as well as an upgrade of the apron area to accommodate larger aircrafts. Further investment in infrastructure will see construction of the Benoa-Nusa Dua toll road and Dewa Ruci underpass, both of which will ease traffic congestion on the main routes to and from the airport. The transport links are expected to complete mid-2013 in time for Bali’s hosting of the APEC (Asia Pacific Economic Cooperation) Summit, WTO Ministerial Meeting, and Miss World Pageant. Increased interest in the region has also
spawned three new events for the hotel design, development and investment communities. The Indonesia Hotel Investment Conference (IHIC) met for the first time in February, while the second Hospitality Investment World Indonesia will go ahead in March. In addition, the inaugural Indonesia Hospitality & Tourism Investment Conference (IHT), co-hosted by the Ministry of Tourism and Creative Economy, the Indonesia Investment Coordinating Board (BKPM) and HVS, will take place in Jakarta in May. These events are expected to attract a host of hoteliers, investors, owners and operators looking for the latest opportunity, further reinforcing Indonesia’s importance in Asia Pacific. In fact, data from Top Hotel Projects ranks Indonesia third behind China and India in terms of in the number of projects under development.
According to the October 2012 STR Global
Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,697 hotels totalling 374,523 rooms (the total active pipeline data includes projects in the In
Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage). Bali was one of just four markets to report more than 20% expected room growth, with 8,595 rooms. A spate of recent openings – in addition to those featured in Sleeper – includes the Fontana Hotel Bali, a collaboration between environmentalist architect Popo Danes and former Super Potato designer Nobuyuki Narabayashi; The Kuta Beach Heritage Resort & Spa, part of the MGallery collection; and Le Méridien Bali Jimbaran. Meanwhile Starwood Hotels & Resorts Worldwide has announced the opening of Sheraton Bali Kuta Resort, which showcases Balinese-inspired architecture by Enviro Tec and interiors by Singapore-based FBEYE International; and Blink Design Group has worked with Regent Hotels & Resorts to create Regent Bali. Hotel development is equally healthy with
several global brands announcing multiple projects in the region. According to the HVS paper entitled Extraordinary Growth Opportunities in Indonesia for Hotel Chains (published December 2012): “An additional 100,000 guestrooms will be required, translating to an estimated 700 to 800 hotels to be built in the next decade, creating tremendous opportunities for both domestic and international hotel management groups.” The report names Accor as the largest
operator in Indonesia with an inventory of 10,800 rooms. In 2011, the group announced further expansion of its network with 21 new hotels, including the 415-room Sofitel Bali Nusa Dua Beach, scheduled to open in September 2013. Much of the development focuses on the
Bukit Peninsula and tourist areas of Kuta, Legian and Seminyak. Alila Seminyak will
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become the fifth Alila managed property on the island when it opens in 2014. The resort, comprising 72 suites and 69 residences, will be distinguished by its innovative design and architecture by URBNarc, with green spaces dominating the interiors and exteriors to create a natural and stylish oasis. Starwood announced that it will debut three new hotels in Bali by 2014, while Fairmont Hotels & Resorts will mark its entry to the island in 2016 with Fairmont Bali. Designed by Denniston International the property will feature 170 luxurious guestrooms and suites as well as branded residences. The resort will also be home to the 80-room Raffles Bali. Also on the boards, Movenpick Hotels &
Resorts will open its first hotel in Indonesia overlooking the bay of Jimbaran in the south of Bali; 2014 will see Ritz-Carlton opening a resort in Sawangan; and Jumeirah Group has signed a management agreement with PT Asia Pasific Properti to operate a new luxury resort due to open in 2015. And finally, construction has begun on Stairs, the first top-to-bottom Philippe Starck-designed villa resort in Asia. The 12-villa property is set to open in the Petitenget area of Seminyak in 2014. While many of the international hotel
groups are focusing on the upscale or luxury segments, there is tremendous opportunity for economy and mid-scale, fueled by an influx of budget airlines and increase in domestic travel, not to mention the fact that Indonesia is the fourth most populous country in the world. There are concerns over whether this level
of development is sustainable, particularly with Bali’s recent fall in occupancy, but with steady economic growth and the rise of Indonesia’s middle class, hotel development looks set to continue.
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