The underlying demand is real. Bali had a record 6.95 million international arrivals in 2025, up about 10%, with hotels near 74% occupancy and a growing base of long-stay residents, families and patients. What comes and goes is the speculative money behind off-plan pre-sales — and when it leaves, the guests and tenants stay. Information only.
What does the 2025 data show?
A record 6.95 million international arrivals, up about 10% on the year before, and hotels close to 74% full on average. See how Bali hotels performed in 2025. Information only.
Is there more than one kind of demand?
Yes, two. The tourist who books a villa for a week, and the resident who rents a home for a year. Both are growing, and neither depends on the next wave of speculative buyers. See long-term rental demand in Bali.
So what does a downturn actually remove?
When easy money pulls back, it takes the flippers — buyers aiming to resell quickly — and the half-funded projects with it. It does not take the guests or the tenants. See Signs of a Maturing Market and whether Bali is overbuilt.
What does that mean for how a project is funded?
Real demand is a reason to build and deliver on real equity and properly structured capital, rather than on the next buyer’s deposit. A project that only completes if pre-sales keep coming is exposed to exactly the money that comes and goes. See the risk in off-plan pre-sales.
Sources: Horwath HTL / C9 Hotelworks, Bali Hotel & Branded Residences 2026; HotStats FY2024. General information about the Indonesian market, not legal, tax or financial advice.
The full method: Signs of a Maturing Market, and Where Bali Is Now
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