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Jakarta to see rising number of hotel rooms

JAKARTA (indo.com): Jakarta is expected to see an increase in its number of hotel rooms by the end of this year, with the completion of the expansion of Le Meridian Hotel, Alila Hotel, FM1 Hotel and two other local two-star hotels.

PT Procon Indah / Jones Lang La Salle's Research Division Head Mina Ondang said that at least 500 new hotel rooms will increase the supply of hotels in Jakarta this year.

"The hotel expansion project is scheduled to be completed by the end of this year, supplying new hotel rooms. Another new hotel is expected to supply 300 rooms next year," he told the press recently.

With no additional supply of hotel rooms in the third quarter of 2000, the number has remained unchanged at 20,400 hotel rooms, 41% of which are in five-star hotels, 35% in four-star rated hotels and 24% in three-star hotels.

Almost all hotels saw an increase in occupancy rates in the third quarter of this year, compared to that in the second period of this year and the third quarter of 1999. "Hotel occupancy rates have increased and they are predicted rise in the coming years," he said.

Mina said that most five-star hotels set room rates in US$, while the four-star ones used both US$ and rupiah. "However, almost all three-star hotels set room rates in rupiah," Mina said.