/
Hotel Market Update Hotel Market Update

Hotel Market Update - PDF document

wellific
wellific . @wellific
Follow
344 views
Uploaded On 2020-11-19

Hotel Market Update - PPT Presentation

0 10 20 30 40 50 60 50000 100000 150000 200000 250000 2013 2014 2015 2016 2017 Arrivals Growth Rate Labuan Bajo November 2018 Trends Forward Outlook Komodo National Park experienced ID: 818273

komodo 000 labuan hotel 000 komodo hotel labuan bajo market 2017 source airport hotelworks arrivals park national research island

Share:

Link:

Embed:

Download Presentation from below link

Download Pdf The PPT/PDF document "Hotel Market Update" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

0102030405060 - 50,000 100,000
0102030405060 - 50,000 100,000 150,000 200,000 250,00020132014201520162017ArrivalsGrowth RateLabuan BajoHotel Market UpdateNovember 2018TrendsForward Outlook•KomodoNationalParkexperiencedanupliftindomesticvisitors,withaCAGRof43%overthefive-yearperiodfrom2012to2017.•InternationalsourcemarketsaredominatedbyWesterncountries,withEuropebeingthelargestsourceregionfollowedbyAustraliaandNorthAmerica.•ExcursionsorganizedbylocaltravelagenciesarethemostpopularwaytovisitKomodoNationalPark,togetherwithsnorkelinganddivingactivities.•Theairportexpansion,LabuanBajoMarinaandnewpublicroadsarethethreemajorinfrastructuredevelopmentscurrentlyunderconstruction.•Hotelpipelineisfocusedonupscaleandluxurytierpropertiesaffiliatedwithinternationalbrands,whichisexpectedtoinducedemandfromtravelerswithhigherspendingpower.•NewinternationalanddomesticflightconnectionsareunderplanningwhichincludedirectflightsfromSingapore,KualaLumpur,Darwin,Surabaya,Lombok,MakassarandSumba.Bill Barnett, Managing Director, C9 HotelworksLabuan Bajo, a new rising tourism star is born as Asia’s trav•ll•r’s h•ad b•yond BaliHotel pipeline targeting upscale travelers to destination“LabuanBajoisthemaingatewaytoKomodoNationalPark,whichhasbeendesignatedbyUNESCOasaWorld

HeritageSitesince1991,andwasincl
HeritageSitesince1991,andwasincludedas“N•wSevenWondersofNatur•”in2011.Growingdestinationpopularityisreflectedinrisingtourismnumbers,withairportpassengerarrivalsexperiencingacompoundannualgrowthrateof31%overthepastfiveyears(2012-2017),combinedwithexpandeddomesticflightconnectivity.Inthemeanwhile,visitorstoKomodoNationalParkincreasedto125,069in2017,reflectingacompoundannualgrowthrateof17%since2011.AsthelastsanctuaryfortheendangeredKomodoandoneofthetopdivingareasintheworld,themarketiscurrentlydominatedbyforeignvisitors,whichaccountedfor61%oftravelersin2017.Further,domesticvisitationrosedramaticallyfrom20%in2015by39%in2017.TopermitexpansionofLabuanBajo’stourismmarket,thegovernmentisinvestinginnewpublicroadsandinfrastructure.Hoteldevelopmentisalsorisingintheareawithfournewinternationallybrandedproperties.LabuanBajoisforecastedtoshiftintoanewgrowthcycleoverthenext12-24months.”Source: Komodo Airport and C9 Hotelworks Market ResearchKomodo Airport ArrivalsNumberofPassengers%TOURISMDemand IndicatorsC9 Labuan BajoHotel Market Trends: November 20182SeasonalityKomodo National Park VisitorsSource: Komodo National Park and C9 Hotelworks Market ResearchSource: Komodo Airport and C9 Hotelworks Market ResearchNumber of Passeng

er ArrivalsLastyear,KomodoAirportre
er ArrivalsLastyear,KomodoAirportrecordedatotalof217,922passengerarrivals,whichrepresenteday-o-ygrowthof24%.Domestic visitors to Komodo National Park have doubled over the past two yearsPeak months are August and December, while February is the lowest periodDomestic flight arrivals increased significantly between 2012 and 2017, with a CAGR of 17% - 5,000 10,000 15,000 20,000 25,000 30,000JanFebMarAprMayJunJulAugSeptOctNovDec201520162017Source: Komodo Airport and C9 Hotelworks Market ResearchKomodo Airport Arrivals and FlightsNumber of Flights - 1,000 2,000 3,000 4,000 5,000 - 50,000 100,000 150,000 200,000 250,00020102011201220132014201520162017Airport ArrivalsFlight ArrivalsNumber of Passengers020,00040,00060,00080,000100,00020102011201220132014201520162017DomesticForeignNumber of VisitorsAccommodation Establishments by CategoryNumber of EstablishmentsAccommodation EstablishmentsC9 Labuan BajoHotel Market Trends: November 2018Source: BPS and C9 Hotelworks Market ResearchHOTEL MARKETHotel supply nearly doubled between 2012 and 2016Hotel PipelineSource: BPS and C9 Hotelworks Market ResearchAsof2016(latestavailabledata),LabuanBajorecorded1,059keysinregisteredhotelinventorywiththemajorityofthepropertiesbeingnon-rated.However,pipelineLabuanBajohotelpropertiesarefocusedon

internationalchainhotelswithupscale
internationalchainhotelswithupscaleandluxurypositioning.3Hotel Supply Number of Keys%Source: C9 Hotelworks Market Research*Additional Keys for Existing Hotel**Redevelopment of Existing Hotel - 10 20 30 40 - 300 600 900 1,20020122013201420152016KeysGrowth Rate - 10 20 30 40Rated HotelsNon-Rated HotelsGuesthousesHostelsCampingHotel NameLocationKeysOpening DateHotel BintangFlores*Pede Beach452018LaprimaHotel*PedeBeach602019SudamalaLabuan BajoResort**PedeBeach752019Mercure Komodo Labuan BajoResortBadjo2002020Alila Komodo ResortMenjagaPeninsula1202021Courtyard by Marriott Labuan BajoKomodo ResortBadjo1582021Current hotel supply is dominated by unclassified lodging properties Greater Labuan Bajo AreaC9 Hotelworks Company Limited9 Lagoon Road, Cherngtalay, Thalang, Phuket, 83110, Thailand(Office located at the entrance of Laguna Phuket)T: +66 (0)76 325 346www.c9hotelworks.cominfo@c9hotelworks.comSource: C9 Hotelworks Market ResearchPadarIsland Komodo IslandFloresLabuan BajoTop 5 Local Tour DestinationsMost Popular Tour/Dive ExcursionsPink BeachManta PointLohLiangPadarIslandKomodo IslandPink Beach -Komodo IslandRinca IslandManta PointHalf-day tripFull-day tripDiving (2-3 dives / day)Liveaboard(2 -7+ days)LohBuayaMainPort&Komodo AirportNational Park Ranger CampSumba SeaRincaIslandKomodo National Pa