Just Released: "Travel and Tourism in Indonesia to 2017"

Tourist volumes increased in Indonesia during the review period (2008−2012), driven by promotional activity and an increase in domestic and international airline capacity and routes. Inbound tourist volumes expanded at a CAGR of 3.20% during the review period, and are expected to record marginal growth over the forecast period (2013−2017) at a CAGR of 1.29%.

Key Highlights

* Indonesia has long-term travel and tourism growth potential. Growing disposable incomes and economic growth are expected to increase travel and tourism revenues over the forecast period. The steady flow of foreign investors and political stability will also add strength to travel spending for business purposes. In addition, government efforts to promote tourism and build tourism infrastructure will lead to growth in both domestic and international tourism over the forecast period.
* IndonesiaÂ’s domestic tourism growth is led by a rising middle-class population. In the first quarter of 2013, the National Statistics Bureau stated that Indonesians made 3.41% more trips, 55.7 million, compared to 53.86 million during the same period in 2012. Those with highest propensity to travel are residents from East Java, Central Java, West Java, Jakarta, North Sumatra, and Bali.
* Among IndonesiaÂ’s many tourist attractions, the government has identified 16 priority destinations to be developed in the coming years to attract international tourists in the country. The 16 destinations are Lake Toba, Pangandaran, the Borobudur and Prambanan areas, Yogya-Sleman, the Bromo-Tengger-Semeru area, Lombok and the Rinjani volcano, Flores, Wakatobi, Toraja, the Derawan islands, Pulau Weh in Aceh, the Togean islands, the Thousand Islands and Old Batavia, and BaliÂ’s southern and northern coasts, as well as the area around Mount Batur.
* The termination of a fiscal tax imposed on Indonesians leaving the country encouraged outbound travel in 2011. The tax was previously imposed on all Indonesians, with the exception of those able to produce a Tax Identification Number. However, from January 2011, all Indonesians are able to travel abroad without have to pay the tax. International airlines such as Air Asia, Cebu Pacific and Tiger Airways began to offer promotional tickets for outbound travel, encouraging more Indonesians to engage in outbound travel.
* In May 2013, Garuda Indonesia airlines announced that the airline would be offering daily flights to Bandung in West Java from Bali. Batik Air also launched its Jakarta–Yogyakarta and Jakarta–Bali routes. The new Tigerair Mandala airline has also launched Jakarta–Yogyakarta flights using A320 aircraft. It also flies to Bali, Pekanbaru, Medan, and Surabaya.

Full Report Details at
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