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Bill Barnett Discusses Future of Urban Bali and Hotel Investment in Asia
1. Bill Barnett, Managing Director Grand Nikko Bali
C9 Hotelworks June 6th, 2014
The 2nd Annual Indonesia
Hotel Investment Conference 2014
urban Bali
a quick look into the future
4. driving miss daisy
• airlift defines tourism in a profound way
• emerging markets creating mono segmentation
• influence of wholesale providers has never been
stronger
• asias inter-regional tourists strong shift in travel
habits – it’s no longer about the beach
• retail, attractions, shorter stays, multi-generational
travel
• geo political volatility
5. if we build it, they will come
• tourism organizations metric for success – volume
• disconnect between centralized government
policy and local governance/approvals
• domestication of hotel investment
• Strong property sector embracing hospitality
• public sector infrastructure unable to keep pace
with private sector growth
6. asia’s beach urbanization
• Bali, Phuket + others becoming cities by the sea
• transportation and jobs rewriting the map, new
mini urban clusters developing
• immigration, both domestic and foreign creating
an ad hoc population
• skyrocketing land prices
• property goes vertical
8. reality bites back
• hotel rooms have to be filled
• more hotels, more cars, more motorbikes
• culture creep will create a melting pot
• south bali will only continue to grow
• Bali is already an urban resort city
• Bali will travel where others have gone before from
Waikiki to Spain and beyond
9. the future
• “Growth is inevitable and desirable, but
destruction of community character is not. The
question is not whether your part of the world is
going to change. The question is how?”
Edward T. McMahon