{"id":229862,"date":"2023-12-13T06:15:00","date_gmt":"2023-12-12T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=229862"},"modified":"2023-12-12T20:36:45","modified_gmt":"2023-12-12T13:36:45","slug":"jakarta-hotel-occupancy-soars","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2023\/12\/jakarta-hotel-occupancy-soars\/","title":{"rendered":"Jakarta hotel occupancy soars"},"content":{"rendered":"\n<p>SINGAPORE, 13 December 2023: Jakarta hotels recorded their highest occupancy and revenue per available room (RevPAR) since November 2011 and November 2013, respectively, according to preliminary data from CoStar.&nbsp;<\/p>\n\n\n\n<p>CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"600\" height=\"336\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/12\/2-5-600x336.jpg\" alt=\"\" class=\"wp-image-229863 lazyload\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/12\/2-5-600x336.jpg 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/12\/2-5-300x168.jpg 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/12\/2-5.jpg 618w\" data-sizes=\"(max-width: 600px) 100vw, 600px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600\/336;\" \/><figcaption class=\"wp-element-caption\">Photo credit: CoStar.<\/figcaption><\/figure>\n<\/div>\n\n\n<p><strong>November 2023 (year-over-year % change)<\/strong><\/p>\n\n\n\n<p>Occupancy: 79.8% (+10.9%)<br>Average daily rate (ADR): IDR1,030,269.24 (+10.4%)<br>Revenue per available room (RevPAR): IDR822,163.52 (+22.5%)<\/p>\n\n\n\n<p>Jakarta hosted several events that helped performance last month, including a Coldplay concert and IndoBuildTech Expo.&nbsp;<\/p>\n\n\n\n<p>Daily data shows the highest occupancy levels occurred on Wednesday, 15 November (92.7%), the night of the Coldplay concert, closely followed by Thursday, 16 November (89.1%). Jakarta&#8217;s occupancy levels remained above 70% for all but three days during the month.<\/p>\n\n\n\n<p>For more information about the company and its products and services, please visit <a href=\"https:\/\/str.us11.list-manage.com\/track\/click?u=98de2a74ef2cba050d8bede8a&amp;id=3f64fbcb21&amp;e=471a5969ca\" target=\"_blank\" rel=\"noreferrer noopener\">www.costargroup.com<\/a><\/p>\n\n\n\n<p><em>(Source: CoStar Group)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 13 December 2023: Jakarta hotels recorded their highest occupancy and revenue per available room (RevPAR) since November 2011 and November 2013, respectively, according to preliminary data from CoStar.&nbsp; CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.&nbsp; November 2023 (year-over-year % change) Occupancy: 79.8% (+10.9%)Average daily [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":229863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[640,235],"tags":[],"class_list":{"0":"post-229862","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hotels","8":"category-indonesia"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jakarta hotel occupancy soars - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2023\/12\/jakarta-hotel-occupancy-soars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jakarta hotel occupancy soars - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 13 December 2023: Jakarta hotels recorded their highest occupancy and revenue per available room (RevPAR) since November 2011 and November 2013, respectively, according to preliminary data from CoStar.&nbsp; 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