The First Hyatt Place Now Open in Makassar, Indonesia

The 145-room Hyatt Place hotel is open in the heart of Makassar city

Hyatt Place Makassar, the first Hyatt Place hotel in Indonesia is officially open today, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members. The new hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings.

Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate experience for today’s multi-tasking traveler. Strategically located in Sudirman street, this mixed-use building is integrated with high end apartments 31 Sudirman Suite. The hotel is near the bustling business district and surrounded by renowned tourist attractions, local culinary and shopping districts. It offers a refined retreat for both business and leisure travelers alike.

“As Makassar continues to grow and thrive economically, we are excited to add to the momentum by welcoming the first Hyatt Place hotel to Makassar,” said General Manager, Yanita Supardjan. “With our smartly designed social spaces and guestrooms with separate work and sleep areas, our multitasking guests can easily accomplish what they need to do whether it’s for business or leisure.”

Hotels may see 20-40% fall in occupancy rates in Mar-May due to COVID-19

Hotels in India are staring at a steep 20 to 40 per cent fall in occupancy rates during the three months ending May as lockdowns due to COVID-19 (Coronavirus)

While the plunge in occupancy could be 30-40 per cent for mid-scale and two-star hotels, the same for four-star hotels and above categories could be 20-25 per cent for the next three months beginning March -- which is peak season due to summer holidays and weddings,citing the increasing number of cities going under full or partial lockdowns.

On revenue side, hotels under the four-star or above categories could see 65-70 per cent fall in revenue per available room, while for two-star hotels it could be 50-60 per cent.

During the global financial crisis, the average absolute occupancy rates fell by over 9 per cent, with the highest fall being 10.40 per cent for four-star and above hotels, followed by three-stars at 8.5 per cent.

Markets like Singapore, Indonesia and Hong Kong, where the outbreak began in January, have seen sharp decline in occupancy rates -- much higher than seen during the SARS outbreak in 2003 when it fell to sub-20 per cent from around 70 per cent in China.

UOL unveils 2 deals to strengthen its Indonesian hospitality portfolio

UOL Group on Monday announced that it has acquired 180 apartments and ancillary facilities at Thamrin Nine's Tower 2 for US$56.3 million from Indonesian developer PT Putragaya Wahana. It plans to develop the apartments into a 180-key Parkroyal Serviced Suites. 

Located in central Jakarta, Thamrin Nine is a 5.4 hectare mixed-use development - comprising apartments, hotel, offices, retail and other facilities - situated along Jalan MH Thamrin Jakarta Pusat, a prestigious address in Indonesia's golden triangle.