47 Bali hotels for sale
47 Bali hotels for sale , most of them with direct impact of COVID-19 according the Chairman of the Indonesian Hotels and Restaurants Association (PHRI) I Gusti Agung Ngurah Rai Suryawijaya . He predicted on Wednesday 10/06/2020 that Bali tourism will maybe need more then three years to recover while the hotel owners must pay there employees. From the list of 47 hotels, in the two-star hotels to five-star hotel range the lowest price is a two-star hotel in the Legian area for sale for Rp22 billion and the highest price of five-star hotels for sale for Rp1.5 trillion in the Seminyak area and on the Jalan Pantai Kuta.
At the end of November 2019 Bali had only 20 hotels for sale.
Source : https://bali.idntimes.com/