The pace of star-rated hotel development in Jakarta has remained constant over the past five and ten years (2014-2019 & 2009-2019), while the growth of non-star development has quickened, according to Hotel Investment Strategies.

Data from the advisory firm shows the number of star-rated hotel rooms has grown from almost 26,200 in 2009 to 55,800 in 2019, a CAGR of 8%.

Over the same period, non-star hotels increased from about 6,300 rooms in 2009 to about 18,600 in 2019, a CAGR of 11% and from 11,700 in 2014 to 18,600 in 2019, a CAGR of 17%.

Alila Hotel (Hyatt). Source: Alila Hotels

In the past year, the Alila Hotel (Hyatt) added additional rooms in Sudirman Central Business District (SCBD) and Park Hyatt in Central Jakarta within MNC Media Tower 220 rooms.

Hotel Investment Strategies CEO Ross Woods told WILLIAMS MEDIA there was a concentration of new hotels within Jakarta's Golden Triangle.

"The Golden Triangle of Jakarta ( Indonesian: Segitiga Emas Jakarta) is roughly a triangular shape area of Jakarta, Indonesia, which extends from Central Jakarta to South Jakarta," he said.

"As most of the business, financial, and diplomatic establishments are located in the area, hotel developers are attracted to this part of the city."

New hotels include: 

• Alila Hotel (Hyatt) added additional rooms opened late 2019 in Sudirman Central Business District (SCBD)
• Park Hyatt in Central Jakarta opened late 2019 within MNC Media Tower 220 rooms
• The Langham 225 rooms opening early 2020 in SCBD
• St Regis with 268 rooms opening in South Jakarta later 2020

With 101 star-rated hotels and 47 non-star hotels, Jakarta Selatan was the fastest growing municipality over the past five years, growing from just over 7,800 rooms in 2014 to about 21,100 rooms in 2019, a CAGR of 22%. This was assisted by the growth in non-star rooms, which grew from almost 600 rooms in 2014 to about 7,500 in 2019, a CAGR of 66%.

The most recent CAGRs for hotel room supply for 2014-2019 are:

Kep. Seribu – Star-Rated -2%, Non-Star Rated 32%
Jakarta Selatan – Star Rated 12%, Non-Star Rated 66%
Jakarta Timur – Star-Rated 15%, Non-Star Rated 1%
Jakarta Pusat – Star-Rated 7%, Non-Star Rated 8%
Jakarta Barat – Star Rated 7%, Non-Star Rated 9%
Jakarta Utara – Star-Rated 10%, Non-Star Rated 1%

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Park Hyatt Jakarta. Source: Park Hyatt Jakarta

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