Hotels Struggle Amid Budget Efficiency, Layoffs and Lost Revenue Grip the Industry | Expat Life in Indonesia
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Hotels Struggle Amid Budget Efficiency, Layoffs and Lost Revenue Grip the Industry | Expat Life in Indonesia
The Indonesian hospitality industry is reeling from the effects of a government-wide budget efficiency policy. Hotels and travel agencies that once depended on government events and civil servant travel are now scrambling to stay afloat, cutting staff and shifting strategies in the face of declining revenue. The downturn began after the issuance of Presidential Instruction […] The post Hotels Struggle Amid Budget Efficiency, Layoffs and Lost Rev…
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