Market Share of Indonesia Hospitality Real Estate Industry
The Indonesian hospitality real estate market is highly fragmented, with businesses such as Plaza Indonesia Realty, Sinar Mas Land, Agung Podomoro Land, and Ciputra Group developing some of the country's most important hotel projects. International players, such as Tokyo Land Corporation, a Japanese property development corporation, are also increasing their presence in Indonesia.
Indonesia, being one of the emerging real estate investment markets, has attracted international players, primarily from Asian countries. The hospitality real estate market in Indonesia is predicted to become more competitive in the coming years as a result of the government's favorable FDI policy.
Hospitality in Indonesia Market Leaders
Sinar Mas Land
PT Agung Podomoro Land Tbk.
Ciputra Group
PT Duta Anggada Realty Tbk
PT Lippo Karawaci Tbk
*Disclaimer: Major Players sorted in no particular order
