Skip to main content

Bali Technology Conference 2014 explores Indonesia’s hospitality sector

In spite of attracting 8.8 million international tourists in 2013, Indonesia has the lowest tourism rating in the region – 17th in Asia and 70th worldwide. As more hotels and resorts start to integrate social media and mobile technology into their operations, what untapped opportunities lie in Indonesia’s hospitality sector? Taking that as the keynote, the Bali Technology Conference, Indonesia 2014 brought together professionals from the hospitality industry to discuss technology trends and potential business opportunities.

Jeffrey Bahar, Deputy Chief Executive Officer of Spire Research and Consulting, was amongst the prestigious list of speakers at the Bali Technology Conference 2014 held in Bali, Indonesia. In his presentation, Bahar emphasized the vital importance of hotels integrating mobile technology and social media to reach out to tech-savvy tourists who are increasingly making decisions using online content.

He opined that the rise in domestic trips and increased spending were clear factors that indicated a stronger middle class. Although 2013 saw an increase in the number of hotels in the country, occupancy rates fell by an average of 50%.

2013 also saw a rise in hospitality-related e-commerce and online marketing activities. According to a study, 89% of hotels surveyed use social media to publicise events or promotions. Bahar remarked that even small, independent hotels could exploit such opportunities by cleverly choosing what advantages and brand values to communicate.

Bahar commented that the Indonesian hospitality sector needs to play a more active role online and focus on domestic guest interaction. Most hotels overlook social media platforms, as they feel that they already have enough bookings and/or their target audience are not active on social media. It is crucial that hotels have tracking software to follow up on potential sales leads as well.

Jeffrey Bahar’s presentation deck on “Technology and social integration in Indonesia’s hospitality sector” can be found here.

https://www.spireresearch.com/newsroom/events/bali-technology-conference-2014-explores-indonesias-hospitality-sector/

Comments

Popular posts from this blog

Korea needs to focus on developing service robots

The Korean robotics industry grew by 60% a year between 2005 and 2011. Korea has a strong position in industrial robots. Now, the government’s focus should now be on developing service robots to sustain growth. Spire Research and Consulting shared its insights, published on the Business Korea news portal. Korea’s industrial robot sector is larger than any country’s, except for Japan, China and the U.S. However, the service robot sector is emerging as a new growth hotbed, thanks to the accelerated use of artificial intelligence. However, Korea does not have any companies that specialize in the development of service robots. It will take time to further develop Korea’s service robotics technology which is where the government and Korean enterprises need to step in and focus so as to claim early global leadership. https://www.spireresearch.com/newsroom/media/korea-needs-to-focus-on-developing-service-robots/

Spire joins list of sponsors for Phoenix Global Chamber

The Phoenix Global Chamber aims to grow the number of people successfully engaged with cross-border trade and investment. With over 20,000 followers on its list, it strives to advance companies, careers as well as communities. Spire Research and Consulting is proud to announce its association with the Global Chamber of Phoenix as a sponsor. The Global Chamber of Phoenix, Arizona further engages leaders, companies and communities to facilitate global business growth and improve cross-border understanding. It aims to bring together like-minded people with the common mission of growing business across borders. As a sponsor, Spire will have the privilege of appearing in banner ads across the Chamber’s website, featured in regular e-newsletters and have access to speaker opportunities. Spire is proud of this new association and hopes to have the privilege of working with more Phoenix-based organizations to develop and execute their strategies in global emerging markets. This a...

Hong Kong maintains its global financial center tag

After 20 years of becoming an independent judiciary, does Hong Kong continue to remain a financial and business hub? Will this impact businesses in Singapore? Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 10 July 2017 on Hong Kong’s economic climate and its impact on businesses in Singapore. Hong Kong continues to attract investors due to many factors such as a high- quality civil service, economic linkages to China’s Pearl River Delta economy as well as geographic proximity to the economic giants of Korea, Japan and China. Perera opined that despite economic and political uncertainties as well as what some perceive as political encroachment from Beijing, Hong Kong will remain an important business hub for the foreseeable future. Hong Kong both complements and competes with Singapore. Many multinational corporations (MNCs) use both cities as Asia-Pacific regional headquarters (RHQs). Shanghai ...

The Trump Presidency: One year on

One year since President Trump took office, what has been the impact for businesses in Asia? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in The Business Times – Views from the Top section on 27 November 2017 on the impact on global economy. Thus far, Donald Trump’s Presidency has not been bad for the American stock market and the US dollar. However, the expected infrastructure spending and tax cuts, which drove stock market exuberance in 2016, are still far from being realized and could well be at risk. Perera opined that President Trump’s withdrawal from the Trans-Pacific Partnership (TPP) has caused a strain in global trade relations and has raised the risk of trade frictions. President Trump has also overseen a decline in US influence in the Middle East and Asia. However, the basic fundamentals of the US economy remain strong thanks to its world-class universities, innovative companies, confident consumers, a strong start-up sector as well ...

Mobile banking poised to take off in Vietnam’s rural areas

Vietnam’s rural population is still struggling with access to basic financial services. With the high mobile penetration rate, can mobile phones be a platform to address their needs? Yap Far Loon, Business Development Director, Telecommunications at Spire Research and Consulting, shared his insights on the untapped potential for mobile financial services to serve Vietnam’s rural population in The Saigon Times Daily. According to a Spire report, an astounding 60 million people in Vietnam do not have access to basic financial services. Only 22% of the population – predominantly those residing in urban areas – have access to financial services. Why are the rural areas being left out? Yap opined that high costs are the main reason. For instance, the cost of installation, maintenance, operation and location rental for Automated Teller Machines (ATMs) alone exceeds VND300 million annually. Moreover, as rural transaction volumes are low, economies of scale are limited, making it even ...