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Star Hotels Occupancy Rate Reaches 50 Percent at The Beginning of The Fouth Quarter

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Release Date	:	December 1, 2021
File Size	:	2.48 MB

Abstract

The reduction of the Community Activity Restrictions (PPKM) zone to level 3 has an impact on the recovery of the hotel sector. This recovery is indicated by the increase in the ROR for star hotels for two consecutive periods. In September 2021, the TPK for star hotels was recorded to have increased by 11.8 percent points and again increased by 8 percent points to reach 50.6 percent in the following month.

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