Best Western Hotels & Resorts is making its debut in Indonesia’s third largest city, Bandung, with the launch of Best Western Premier La Grande Hotel. The 193-room upscale hotel will be equipped with eight meeting rooms, a business center, a spa, a swimming pool, a fitness center and a restaurant. With this opening on December 1, 2015, Best Western’s portfolio across the Indonesian archipelago will stand at 16 hotels. In the past two years, Bandung has witnessed a substantial increase in its hotel inventory and the surplus supply has exerted downward pressure on its hotel performance; Bandung’s annual market-wide RevPAR is expected to drop by 5%, by year-end 2015. However, owing to the continued growth in domestic tourism on the back of a weakening Rupiah, the city’s hotel market is expected to recover in the medium term, with a forecasted increase in market-wide RevPAR by 9% in 2016.
HVS APAC HOSPITALITY NEWSLETTER .