Jakarta, Bangkok see luxury hotel boom as tourism rebounds

Southeast Asian megacities host conferences to draw business travelers

Park Hyatt Jakarta opened in central Jakarta near the Indonesian president's official residence on July 8. (Photo by Koya Jibiki)

KOYA JIBIKI, BOBBY NUGROHO and KOSUKE INOUE, Nikkei staff writers

August 9, 2022 03:34 JST

JAKARTA/BANGKOK -- More than 50 luxury hotels are set to open in Jakarta and Bangkok within the next five years, highlighting expectations of a strong economic recovery in two of Southeast Asia's largest cities as COVID-19 travel restrictions are eased.