PT. Hotel Investasi Strategis is pleased to announce the release of its latest comprehensive report, "The Outlook for Bali’s Visitor Markets & Star-Rated Hotel Occupancies: Projections for 2024-2025." This report provides an in-depth analysis of the historical and forecasted numbers of foreign visitors to Bali and offers critical insights into the future trends of star-rated hotel occupancies.

The accompanying graph illustrates the historical and forecasted numbers of foreign visitors arriving at Ngurah Rai Airport in Bali from January 2010 to December 2025. Our analysis reveals a robust recovery in tourist arrivals post-pandemic, with a projected growth of 21.1% in 2024, reaching 6.5 million visitors, and a further 10% increase in 2025, bringing the total to 7 million visitors.

The historical and forecasted numbers of Australian visitors to Bali from January 2010 to December 2025 are illustrated in the report. As Bali's largest market, Australia has experienced a strong rebound in visitor numbers post-pandemic. Projections indicate 1.5 million visitors in 2024, a 15.6% increase from 2023, and 1.7 million visitors in 2025, a 7.9% rise from 2024.

This recovery is critical for Bali’s tourism sector, highlighting the importance of targeted strategies to attract and retain Australian tourists.

Ross Woods, Founder and Head of PT. Hotel Investasi Strategis, commented, “The robust recovery in tourist arrivals post-pandemic underscores Bali’s enduring appeal as a premier travel destination. Our forecasts highlight the significant growth potential from key markets like Australia, emphasizing the need for strategic marketing efforts to sustain this momentum.”

He added, “Accurate forecasting is essential for hotel investors and tourism operators to make informed decisions. Our latest report leverages advanced econometric methods to provide a reliable range of potential outcomes, ensuring our clients can navigate the future with confidence.”

Forecasting with prediction intervals is crucial for hotel investors and tourism operators, aiding in strategic planning and operational decisions. The forecast for occupancy in Bali shows a significant recovery and stabilization in the coming years. Occupancy rates are expected to peak at 73.2% in June 2024, maintaining high levels throughout the year, indicating robust tourism activity.

By 2025, the rates are projected to stabilize around the mid-60s, reflecting a mature and sustainable recovery phase for the Bali tourism sector.

The report emphasizes the importance of using advanced econometric forecasting methods, especially during times of uncertainty. By incorporating prediction intervals, we provide a range of potential outcomes, enhancing the reliability and applicability of our forecasts for strategic decision-making.