[nono1973]

Originally Posted by Kaboon

Those hotels under organization,their price has gone up a bit. Other 3 star older hotels like Utama,Formorsa,Goodway,Nagoya Plz,89, Hana & the rest has come dwn by at an average of 15% over the last few years. My friends once told me,Batam is a place where by many hotels can break even with just abt 65% weekend occupancy,their profit would mainly comes from weekday stayer.

Hehehe...i guess you didnt recce Goodway Hotel for a while,hehehe...it is now closed.

http://batam.tribunnews.com/2018/09/...erasi-di-batam

After about 20 years,it finally lose it competitiveness.... i think this is a very old hotel (should be more than 20 years) and according to the old Batam thread in this forum,it starts with the name Mandarin Hotel,later becos of some haunting issue,they change their name to Goodway. 20 years later,they are completely out of business.

http://batam.tribunnews.com/2018/09/...tel-batam-jaya

I have stayed in the hotel twice...and one of the time was during CNY. More news on Goodway hotel's closure.

http://www.batamnews.co.id/berita-37...hal-biasa.html

http://batamnews.co.id/berita-37230-...y-tumbang.html

I have a feeling that it might be renamed and reopen again,hehehe...since this hotel is very near to NED.

3 more very old time hotels Mercure, Novotel and Sari Jaya were also close down this year too. Novotel renamed to Travel Lodge hotel tho.

Hmm...could this part of the reason of the closure?

http://batampro.id/dari-lantai-3-hot...at-bunuh-diri/