In Reply to: pricing themselves out of the market posted by kaput on Friday, 26. February 2010 at 13:57 Bali Time:
One of my fave small hotels in Sanur is still offering the same rate as 10 years ago ($40). This year, another single room villa with own pool is $120 pn against $90 4 years ago.Staying at Padma for a party this year with family and this IS more expensive, but we have a high in demand beachfront hotel!(still under $250 pn) Stayed Intercon in 2008 and paid Port Douglas prices there too. I think that as the islands tourists return it will be a case of supply and demand, and you just cannot expect them to keep pricing so low. Are the owners getting greedy? Well, I think that they have had to go thru some pretty lean times as well.