Tourism is seeing expanded demand in Bali with more opportunities on the rise for property developers to tap into a Greater Bali economic picture. The hotels in Bali are seeing increased demand mainly from the domestic market while the overseas tourism sector is on a continuous rise with a 14% surge experienced on overseas arrivals just in August alone. By the end of this year it is expected that the international passenger arrivals through Ngurah Rai airport alone to increase to a mammoth 3.8 million. Bali hotels are known to weather the storms and challenges faced by them with new supply and managing to admirably hold the existing rates by taking a small hit on occupancy, individualism, management and product quality at every price point that has a tremendous positive impact in the long term.
Not only is the domestic consumption on tourism significantly high on short term accommodation but stands at a whopping 80% and over on resort residential sales in the market to Indonesian buyers. These key factors contribute to keeping ahead of the curve on both foreign and domestic tourism arrivals to patronise the modern and sophisticated Uluwatu hotels such as Anantara Bali Uluwatu Resort & Spa that deliver the entire package of comforts and facilities.
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