Indonesia's Hospitality Industry Ranks #2 in Asia Pacific

July 3, 2014 - PRLog -- In May 2014, Indonesia's hospitality industry continues to shine. As reported by Okezone.com, the industry's growth has reached 10.7 percent. Indonesia has established a position as a country with the second highest growth in Asia-Pacific, after the Philippines.

According to World Property Channel, Friday (27/06/2014) based on the data written by the research institute STR ​​Global, Jakarta plays an important role in the growth of the hospitality industry in Indonesia.

Overall, Asia Pacific region experienced positive growth in May 2014. Occupancy rates in the region in May rose 3.2 percent to 67.6 percent. In addition, income per room increased 3.3 percent to $ 77, 8.

However, Indonesia still needs to beat the Philippines which is on the top spot with an increase of 13.7 percent to 70.6 percent. Meanwhile, STR Global also reported during May 2014 that there were 2,336 hotels still under contract, or the equivalent of 521 017 rooms. They include hotels that are still in the construction phase, the final stats, and planning stages, but do not include projects that have not been in the confirmation stage.

One of the best hotels in Indonesia is “Singgasana Hotels & Resorts pilihan akomodasi terbaik di Indonesia”. Read the review here:

http://demam.biz/singgasana/