Bali travel voyage - Bali Tour and Travel in Indonesia Bali Agence de Voyage pour des séjours en Indonésie

19 / 08 / 2017
11:27 am

Denpasar

Broken clouds
  • Broken clouds
  • Temperature: 27 °C
Reported on:
Saturday, August 19, 2017

Despite moratorium, investment in hotels rises

Despite the moratorium on the development of new hotels in southern Bali, the flow of investment for the hotel industry have increased significantly.

Earlier this year, Bali's governor Made Mangku Pastika announced the moratorium on the development of new hotels in southern Bali, covering Badung, Gianyar and Denpasar, according to the findings of a government that says that the region faced with a problem of oversupply of rooms. Pastika also hoped that the moratorium would divert investment flows to poorer regions of the island to the east, north and west.