Home / World Localities / Horwath HTL – Indonesia Sentiment Survey & Influence of COVID-19 – By Matt Gebbie
Horwath HTL - Indonesia Sentiment Survey & Influence of COVID-19 - By Matt Gebbie

Horwath HTL – Indonesia Sentiment Survey & Influence of COVID-19 – By Matt Gebbie

Indonesia Hotel Restaurant Sentiment Survey

This sentiment survey was conducted by Horwath HTL Indonesia, in conjunction with the PHRI (Indonesian Hotel Restaurant Association) to gauge the initial impact of the COVID-19 pandemic.

The survey was open from 6 – 13 March, received an unprecedented 676 responses, with the following key takeaways:

70-75% of hoteliers believe the impact will be felt for less than 6 months but it’s ‘much worse’ than any previous health scares Performance H1 2020: total revenue down 25 – 50% (36%) 50% (26%) Domestic Corporate, FIT Group was expected to bounce back post pandemic A worrying 40+% believed that Foreign FIT Group would never recover Major business concerns (top 3): labour costs (38%), utilities (28%) and taxes (26%) Government assistance sought (top 3): tax rebates (93%), build innovative tourism campaigns (83%), reallocate MICE budgets to financially assist hotels (77%)

( Adobe Acrobat PDF file) to download the complete article.

Logos, product and company names mentioned are the property of their respective owners.