Indonesia Tourism Report - Business Monitor International - Industry Reports

Indonesia Tourism Report

Indonesia Tourism Report - Business Monitor International - Industry Reports
Indonesia Tourism Report
Published Jul 02, 2016
34 pages — Published Jul 02, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Asia will continue to constitute the bulk of arrivals over the forecast period, leading to an arrivals figure of -.-mn by ----, up from -.-mn in ----. This reflects the importance of this market to the tourism industry in Indonesia and the necessity of improving the country s regional travel links. ...This reflects the importance of this market to the tourism industry in Indonesia and the necessity of improving the country s regional travel links. To this end, Indonesia has removed a policy that forced budget airlines to charge higher fares, meaning that budget airlines such as AirAsia and Lion Air will be able to sell tickets for around -- of the fare of mainstream airlines. Affordable travel such as this will greatly boost travel to Indonesia and between its many islands. ...Neighbouring Singapore is the strongest market, with -.-mn visitors a year to Indonesia expected in ----, rising slightly to just under -.-mn in ----. Singapore, as one of Indonesia s closest neighbours, has a range of flight and ferry

...Indonesia has enacted a range of measures to promote inbound tourism, including the relaxation of visa restrictions which means that visitors from --- countries globally are able to visit the country visa free for tourism purposes. The country also cooperates closely with neighbours, including key regional transit destination Singapore, to promote travel. The safety of air travel in Indonesia is a concern that will need urgent action. The country s largest budget airline, Lion Air (which has been barred from flying routes into the EU due to safety concerns) has come under criticism in recent months and is facing operational sanctions until improvements to safety procedures are made. Indonesia reported that international arrivals to the country increased by over -- in April ---- compared to April ---- and the government has set an ambitious target to double arrivals to --mn by ----. ...Indonesia reported that international arrivals to the country increased by over -- in April ---- compared to April ---- and the government has set an ambitious target to double arrivals to --mn by ----. While we do expect to see steady growth in the inbound travel market, at present we do not see this target as feasible, and instead expect international arrivals to reach --.-mn in ----, up from -.-mn in ----.

...< ALACRA META ABSTRACT>BMI View: The short-term outlook for Indonesia s tourism industry is highly positive. International arrivals are growing steadily and the country is successfully competing against more established regional holiday destinations such as Thailand. ...

  
Source:
Document ID
1747-8936
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Indonesia Tourism Report" Jul 02, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Indonesia-Tourism-Report-2026-151>
  
APA:
Business Monitor International - Industry Reports. (2016). Indonesia Tourism Report Jul 02, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Indonesia-Tourism-Report-2026-151>
  
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