Fairmont Jakarta’s Post

📊 Impressive Real Growth in Indonesia’s Hotel Sector Surpasses Pre-Pandemic Levels, Signaling Economic Fortitude In a significant display of resilience, Indonesia's restaurant and hotel industry has surged past its pre-pandemic growth rates, posting figures that reflect real growth in constant money. This detail emphasizes the sector’s genuine expansion, not just nominal increases that could be attributed to inflation. After a challenging -8.14% contraction in 2020, the sector made a commendable turnaround with 3.87% growth in 2021, accelerating to 6.57% in 2022, and holding strong at 6.38% in 2023. These figures, adjusted for inflation, reveal the industry's substantial recovery and its role in propelling the economy forward. In comparison, the Gross Domestic Product (GDP) of Indonesia, also measured in constant prices, rebounded from a -2.07% decline in 2020 to a growth of 3.7% in 2021 and continued to climb to 5.31% in 2022, stabilizing at 5.05% in 2023. As we celebrate the hotel sector’s comeback, it’s critical to note that GDP, while essential, is now just one of many metrics in evaluating the sustainability and health of an economy. Today, the discourse encompasses environmental, social, and governance (ESG) factors, reflecting a holistic approach to economic development. The ongoing challenge for Indonesia will be to nurture this growth to align with sustainable practices, ensuring that the hotel and tourism industry thrives economically and contributes positively to society and the environment. 🗞 (Source: BPS Statistics- Indonesia & PT. Hotel Investasi Strategis) #Indonesia #RealGrowth #HospitalityIndustry #SustainableDevelopment #GDP #ESG #Tourism #EconomicResilience #ConstantPrices

🥇 Unveiling Trends in Indonesia's Hotel Market: A Comprehensive Analysis (2017-2024) As we navigate the post-pandemic recovery phase, it's crucial to stay informed about the evolving dynamics of the hotel industry. Here are the key findings from our latest analysis of hotel asset price indices across Indonesia, spanning from the first quarter of 2017 to the first quarter of 2024: 1️⃣ Moderate Growth with Notable Regional Variances: The Compound Annual Growth Rate (CAGR) for most regions showed moderate growth, with Semarang (3.8%) and Palembang (3.4%) leading the way. Jakarta, however, experienced a slight decline at -1.6%. 2️⃣ Resilience and Recovery: Despite the challenges posed by the pandemic, markets like Semarang and Palembang have demonstrated strong resilience and substantial growth, with significant rebounds from their lowest pandemic points. 3️⃣ Market Volatility: The volatility analysis revealed that Denpasar (Bali) had the highest fluctuations (31.4%), indicating a high degree of sensitivity to external shocks, likely tied to its tourist-centric economy. 4️⃣ Year-over-Year Growth Highlights: Top Performers: Denpasar leads with a robust 12.9% increase, followed by Semarang at 14.2%. These regions have shown significant resilience and an attractive upward trend in the hospitality market. 5️⃣ Challenges Ahead: Jakarta and Banten have faced declines of 3.3% and 6.9% respectively, underscoring the need for targeted strategies to revitalize these markets. 6️⃣ Strategic Insights for Stakeholders: These insights are invaluable for investors, developers, and policymakers aiming to capitalize on growth opportunities or mitigate risks associated with market volatility. Attached is a heat map visualizing the changes in hotel asset price indices across the regions from 1Q2017 to 1Q2024. This visual representation helps underscore the regional differences and growth patterns over the years. For detailed insights and a deeper dive into each region's performance, feel free to connect or follow updates on our page. Let's discuss how these trends can influence strategic decisions and investment opportunities in Indonesia's vibrant hotel sector. 📎 (Source: Bank Indonesia - Commercial Property Survey & PT. Hotel Investasi Strategis) #HotelIndustry #MarketAnalysis #InvestmentOpportunities #Indonesia #EconomicRecovery #HospitalityManagement

talking about food security, sustainability clean energy and green campus with Kak Ella - UIN Jakarta, so exciting to design next event!

Filoxenia, hospitality management, no cookie cutter approach, driving results and overall asset performance and in any phase of the asset cycle! Inhouse available: design, construction and or renovation, commercial, digital marketing & strategies, operation team for that turn around you need; increased direct bookings, increased online and offline visibility, simplified fee structure purely based on performance, no hidden fees, no double dipping, no cross charging. From planning, pre-opening to operating your asset(s), white label management, interim management, A_Z turn key solution... think Filoxenia (Fi lo very nia, means "love for strangers") for your hotel, resort, F&B outlet. Contact Filoxenia to find out more how we add value to your asset in any phase of the asset cycle in Malaysia, Thailand, Vietnam, Indonesia, Cambodia, Sri Lanka. inquiry@filoxenia.asia www.filoxenia.asia #turnaround #puzzle #experience #Malaysia #Vietnam #Thailand #Indonesia #Cambodia #Srilanka #performance #hotel #resort #F&B #thirdpartyoperator #different #asset #Filoxenia

Championing Sustainability in SEA: Our Commitment to Environmental Responsibility 🌱✨ In January 2024, the Specialty Rental South-East Asia team convened in Yogyakarta, Indonesia, for our annual event. This year, the gathering wasn't just about reflecting on past achievements and setting future goals—it was about embracing our commitment to sustainability and ecological stewardship. Forests are the lungs of our planet, purifying the air we breathe and regulating our climate. At our event, we took action by participating in a Reforestation Activity at Plataran Borobudur. This reforestation activity underscores a vital message; signifying every effort, regardless small or large, counts towards a collective stride to restore our planet’s green mantle. Every tree planted is a step towards a better climate future – a shared responsibility for the well-being of generations to come. But our work doesn't stop there. The success of our Reforestation Activity is just the beginning. Together with our partners and customers, we're committed to making a significant impact on ecological preservation and climate improvement with our ever-advancing rental solutions. 🌍 "Together, we are making a difference—one tree at a time." Join us in our journey towards a more sustainable future. Together, let’s make a lasting impact.🌿 https://lnkd.in/d2dew8BB #AtlasCopco #AtlasCopcoRentalSEA #MakingAgilityCount #RentalEquipment #Sustainability #ClimateAction #Reforestation

🌍 How Did We Get Here? 🌍 The sky over Sumbawa and Bali are vibrant blue, while Jakarta's skyline is often veiled by pollution. How did we let this happen? The clean air we once took for granted is now a luxury in many urban areas like Jakarta. But here's the good news: reversing this trend starts with US! Every individual action counts, and together, we can restore the beauty of our skies. ✨ Practical Tips for Cleaner Air: 🌱 Reduce, reuse, and recycle: Small changes @ home like cutting down on single-use plastics and choosing eco-friendly products can make a big impact as it will avoid these wastes being disposed at landfills, or worse, being burned at open dumpings - that result in poor air quality. 💡 Energy Efficiency: Use energy-efficient appliances and switch to LED bulbs. Not only do they use less power, but they also help reduce emissions. 🍃 Plant Trees & Greens: Whether it's planting trees or starting a garden, adding more greenery helps absorb CO2 and produce oxygen. ♻️ Reduce Consumption & Embrace Frugal Living: Consume less, buy only what you truly need, and prioritize quality over quantity. By living frugally and mindfully, we reduce waste, conserve resources, and limit our environmental footprint. 🌍 Together, we can make blue skies a reality again. 🌿💙 It starts with a single step – let’s take it today! #SaveOurSky #CleanAirForAll #Jakarta #BlueSkies #EcoFriendlyLiving #GoGreen #SustainableFuture #FrugalLiving #ConsciousConsumption

In the heart of Kuala Lumpur City Centre

🌆 Can Jakarta's rapid growth go hand-in-hand with a cleaner, healthier environment? In her latest article, Vidya P. examines the dual realities of Jakarta—a bustling hub of energy and growth shadowed by critical pollution challenges. From identifying the root causes to exploring sustainable solutions, this piece sheds light on how the city can balance development with environmental health. Read the full article here: https://lnkd.in/d2KZAWmq #Jakarta #PollutionSolutions #CleanAir #SustainableGrowth #EcoFriendly #EnvironmentalHealth #GreenJakarta #UrbanSolutions #AirQuality #Sustainability #CleanEnergy #WasteManagement #Reforestation #SustainableTransportation #ClimateAction #HealthyCities #ReducePollution

𝐄𝐗𝐂𝐈𝐓𝐈𝐍𝐆 𝐓𝐈𝐌𝐄𝐒 𝐀𝐓 𝐏𝐋𝐀𝐓𝐀𝐑𝐀𝐍 𝐁𝐑𝐎𝐌𝐎! 𝐀𝐂𝐇𝐈𝐄𝐕𝐄 𝐁𝐔𝐃𝐆𝐄𝐓 𝐀𝐍𝐃 𝐆𝐎𝐈𝐍𝐆 𝐁𝐄𝐘𝐎𝐍𝐃! We've had a intense period recently, and I'm glad to share some of our key highlights: 𝟏. 𝐆𝐫𝐞𝐞𝐧 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: Proudly advanced our sustainability efforts by introducing eco-friendly practices across the property, aligning with global environmental standards.    𝟐. 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬: Forged new collaborations with local and international firms to enhance guest experiences and boost community engagements.    𝟑. 𝐒𝐭𝐚𝐟𝐟 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠: Rolled out comprehensive training programs focusing on service excellence, ensuring our team not only meets but exceeds guest expectations. Every step we take is aimed at providing unforgettable experiences while honoring our commitment to the environment and local culture. Stay tuned for more updates as we continue to innovate and lead in hospitality excellence! If you have any enquiry feel free to ask, willing to connect for podcast or lecture online or in Indonesia! #PlataranBromo #Sustainability #HospitalityExcellence #InnovationInHospitality

I am honored to have been invited by PUSAKA RASA NUSANTARA FOUNDATION, an NGO supported by the American Embassy, to participate in an inspiring project dedicated to preserving traditional recipes from across Indonesia. This initiative also aligns with safeguarding Intangible Cultural Heritage. The project has been an enriching experience, focusing on networking and sharing valuable insights. We explored how environmental changes, such as climate change, are altering cultural practices and recipes. For instance, shifting climates have impacted the availability of certain ingredients, leading to adaptations in traditional dishes. One fascinating aspect we examined is the Wallace Line, which distinctly separates Indonesian culinary traditions. The diverse and different recipes on either side of this line highlight the rich cultural and ecological diversity of our nation. As a culmination of this journey, the project’s findings have been compiled into four comprehensive books, which include traditional recipes and their cultural contexts. It’s been a privilege to contribute to and learn from this initiative, ensuring our rich culinary heritage is preserved for future generations. #CulturalHeritage #TraditionalRecipes #Indonesia #ClimateChange #WallaceLine #Networking