Among the main trends in the Bali hotel real estate market that can be expected in 2024 are a shift in focus to premium properties, infrastructure will become a must-have, and tourism demand will shift towards the southern part of Bali.
As for the trend towards more expensive hotels, this is due to the goal that the Bali authorities set back in 2020. So, they plan to move from mass tourism to more service and quality tourism. In addition, the latest statistics on occupancy and average price per night from the Bali Hotel Association state that five-star hotels performed the best.
The change in the class of tourists also provides for new needs of hotel guests. You can no longer surprise people with beautiful pictures and comfortable rooms. They are looking for a service, a set of infrastructure, a new experience, namely an emotion that will become a distinctive feature of a certain place. They go a long way when choosing Bali for their vacation, so they need to choose the right hotel. They prefer properties with swimming pools, SPA, restaurants, and quality service.
Regarding the demand for the location, the Bukit Peninsula, located in the south of Bali, is gaining popularity every day. Firstly, construction volumes increased there and premium restaurants, shops, and SPA complexes began to open. Previously, Bukit was more of a place with beautiful nature, clean and picturesque beaches, a center for surfing, and a point where expensive hotels were concentrated. It lacked infrastructure.
In addition, it is difficult not to note the transport accessibility of Bukit. You can get there via a new road from the Nusa Dua area. It is also planned to extend it to Uluwatu.
Summarizing the trends, it is worth noting that service will be at the head of the Bali hotel real estate market in 2024. Therefore, tourists should pay attention to the infrastructure and brand of the hotel, and investors should pay attention to the hotel operator. Among the facilities that will begin to receive tourists in Bali within a few years are the hotels Anta Residence Canggu (Canggu), Moon rock villas (Batubulan), Berawa (Canggu), Just Residence (Bukit). They are managed by the international hotel operator Ribas Hotels Group. The company provides wow service, and for more than 10 years, properties under its leadership have been successfully welcoming guests. And its standards help developers sell professional properties with guaranteed profitability.
In its work, the company strives for a special approach to clients. Maintaining connections with guests and partners is an important task, and for Ribas Hotels Group it is not just a duty, but a real mission. So, the company uses a chatbot for partners, where they can see all the information that is important to them. In addition, she has a guest care department. He calls them and develops all possible methods of feedback. Ribas Hotels Group also trains staff. The company has internal trainers who are assigned to regions, and a department head. They are working on changing standards, adding checklists, and the like. Another strength of the team is caring. Ribas Hotels Group thinks about the guest’s journey in the hotel, and how he will feel in the room. All this guarantees the hotel a professional approach to management, as well as quality service.
For partnership and management issues, you can find information on our website
Or contact our Head of Ribas Hotels Group Bali – Ksenia Dronga
Article by: Sandra Strilets, Head of PR Ribas Hotels Group Worldwide
You Might Also Like
