WHO'S INVESTING IN BALI?

Major international brands are rapidly setting their sights on Bali, marking a new era of growth and development.

As Bali emerges from the pandemic with a surge in tourist numbers, its appeal for global investment and major developments remains stronger than ever. From aviation heavyweights and luxury cruise companies to entertainment giants, the island's allure is unmistakable. This influx of world-renowned names and investments will likely have a significant impact on Bali's future.

Emirates Air's Remarkable Impact

June marked a milestone for Bali with the introduction of Emirates Air's daily Dubai-Bali A380 flight, the world's largest passenger aircraft. Linking Bali with international destinations, this route has maintained an impressive 98% occupancy rate, bringing over 100,000 tourists to the island in just half a year.

Vistara Air: Bridging India and Bali

Vistara Air, a collaboration between Tata group and Singapore Airlines, announced direct daily flights from Delhi to Bali starting December 2023. This marks the first direct air link between India and Bali, with India already a significant source of Bali tourism. Vistara's status as a leading airline in India and Southeast Asia further enhances this connection.

TUI BLUE's Strategic Move into Bali

In a significant expansion, TUI BLUE, under the TUI Group, will open a new 108-room property in Berawa, Bali. This initiative marks the TUI Group's first venture into Bali, strengthening its global tourism portfolio.

Paramount Pictures' Exciting Venture

Bali is set to welcome the Paramount theme park and resort in Jembrana Regency, slated for completion in 2025. This US$923m project, covering 570,000sqm, will be the largest in Southeast Asia. The park will significantly boost tourism and include various Paramount and Nickelodeon characters.

Celebrity Cruises' Historic Arrival

Celebrity Cruises heralds a new chapter in Bali's maritime tourism with the Celebrity Solstice. The ship, arriving from Sydney, is the largest to dock in Bali, carrying 3,944 passengers, symbolising Bali's capability to accommodate large-scale cruise tourism.

Growth Amongst Established Brands

Several established brands in Bali are expanding their presence. One of our premium partners, Jimbaran Signature Condo Hotel and Residences is an expansion project of the Mercure brand. Additionally, Kempinski Hotels will unveil The Apurva Kempinski Ubud in 2027, augmenting its existing Nusa Dua property. Hilton is preparing to open its first LXR-branded resort in Southeast Asia in Uluwatu, featuring 72 luxurious villas. Meanwhile, IHG is set to introduce two new properties: Regent Canggu and the first Indonesian Vignette Collection hotel.

"What we are seeing in Bali right now is truly impressive,” says Matt Sully, CEO of APFG. “The tourist numbers bounced back quickly, and we are seeing a new wave of commercial projects and investment from some of the world’s top brands. For investors eyeing Bali, these developments are a definite sign of the island's strong growth prospects in the coming years."

For more information on the new developments and happenings in Bali, and how you can invest in this resurging market, get in touch with our team. We have high-return projects, new and existing, all over the island and particularly in the most popular tourism locales of Seminyak, Berawa and Uluwatu. Talk to the team at APFG today!