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Wednesday, May 16, 2007

BALI - An Academic Look at Bali's Villa Sector

Balidicovery.com, (4/21/2007)

The Indonesian language Bali Post, recently published the results of a research project conducted by 17 students at Bali's Hotel & Tourism Institute (STP) examining Bali's villa sector. Their survey, limited to villas in the Badung Regency of Bali covered 624 villas including 3,958 rooms.Some of the results from the student's research project, include:• 54% of the villas surveyed were commercial operations, 25% were private villas and 21% were being used on a mixed commercial-private basis. • 45.2% of the villas were owned by Indonesians (both Balinese and non-Balinese), 39.4% were owned by foreigners, and 15.4% were jointly owned by Indonesians and foreigners. The survey showed that most foreign-owned villas were built on land owned by Indonesians.

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