In 2023, Bali’s hotel market experienced a remarkable rebound, surpassing peak 2019 RevPAR numbers by a whopping 37% (entirely ADR driven).

With domestic arrivals nudging 10 million and international arrivals at 5.3 million, 1 million short of 2019, Bali is vibing. Aussies, Indians, Chinese (still down 900k vs 2019), the UK and the US were the top 5 source markets in 2023.

The only performance matrix sliding is ALOS down to just over 3 days, no doubt impacted by ADR increases – in it for a good time, not a long time.

By rate category, luxury resorts’ ADR soared and the upper-midscale resorts nailed RevPAR. Outstanding occupancy in both Kuta and Legian (Sanur boomed) and rates at resorts in Jimbaran / Uluwatu surpassed expectations.

Bali’s branded residences sector is on an upward trajectory this year, bolstered by strong demand for second homes and investment into leisure-oriented real estate.