Indonesia Tourism Articles & Analysis

Chapter | Tourism from The Report: Indonesia 2019

Boasting the world’s largest tropical coastline and renowned cultural heritage sites, Indonesia is becoming a leading tourism destination in South-east Asia. Strong gains have been noted internationally, with the World Economic Forum declaring Indonesia the region’s fourth-most-competitive destination after Singapore, Malaysia and Thailand in its most recent “Travel and Tourism Competitiveness...

The Indonesian economy had a strong year in 2018, with growth of 5.2% marking the fastest pace in half a decade. This came on the back of robust domestic consumption, increased foreign investment and continuing efforts to reform policy and simplify investment procedures, and despite challenges including a falling rupiah, a trade imbalance and global political issues.

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What potential does Indonesia offer to both domestic and foreign investors, and which cities or provinces in Indonesia offer the biggest potential?

 

Boasting the world’s largest tropical coastline and renowned cultural heritage sites across more than 17,000 islands, Indonesia is becoming a leading tourism destination in South-east Asia. Strong gains have been noted internationally, with the World Economic Forum (WEF) declaring Indonesia as the region’s fourth-most competitive destination...

 

Over the course of less than two decades, China has gone from being a minor player to being the world’s largest and most lucrative source of outbound tourists. In 2017 alone Chinese nationals made more than 131m trips outside of their national borders, spending approximately $300bn in the process.

 

Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum.

 

What are some of the key trends you observe among domestic and international tourists?

 

Faced with the prospect of a severe recession from weaker oil and metals prices and falling export revenue, the government of President Joko Widodo launched an ambitious five-year strategic plan in 2015.