Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Lower Tourism Targets for 2003
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Lower Tourism Targets for 2003

Both Less Tourists and Less Forex Projected for Coming Year.


Bali News:
Click Image to Enlarge

(1/6/2003)

Both the "best case" and the "worst case" scenarios for projected tourist visitors to Indonesia in 2003 offer little cause for joy and provide continuing testimony to the woes affecting national tourism confronted with the after-effects of the Bali terror attacks of October 12th.

The optimistic "best case" projects total international visitors in 2003 to achieve only 4.56 million people bringing with them US$ 3.2 billion in foreign exchange earnings. This is equal to a decline of 17% in total visitors from the already downwardly revised projections for 2002 - a setback that has erased almost ten years growth in in foreign arrivals.

Government tourism officials, including Mr. Setyanto P. Santosa, the Chairman of the Indonesian Culture and Tourism Promotion Board (ICTPB), are quick to caution that even these projections may worsen if current efforts to revive the tourism industry are badly coordinated.

As a result, the Government is also releasing a cautionary "worst case" scenario that would see only 3.8 million foreign visitors laying out a paltry US$ 2.7 billion in tourism-related spending. These figures show just how quickly tourism fortunes have changed for an industry once represented as a power-house for foreign exchange generation and counted upon to earn in excess of $5 billion in much needed foreign currency each year.

A World of Vastly Different Demographics

Indonesia's new reliance on short-haul regional traffic has also had a predictably deleterious effect on both the level of average spend and the length of stay for foreign visitors. In the absence of well-healed European and U.S. visitors on extended holidays in the Country, average spendings per day are projected to drop from US$ 110 per day to just US$ 100, while length of stays will be truncated from 10 to only 7 days.

Out of the Frying Pan and Into the Fire?

With many banking on Bali's recovery to be in full swing by the second half of 2003, some observers express concern that any "remission" may be short-lived. National elections scheduled for Indonesia in 2004 are expected to bring an increase in political tensions nationwide and with them the strong possibility of at least a temporary decline in the country's attractiveness for foreign guests while national succession issues are sorted out.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Liberté, Égalité, Fraternité
Fête Nationale – Celebrating France’s National Day at The Trans Resort Bali on Friday, July 15, 2016
(6/26/2016)
Attempted Identity Theft
Two Bulgarian Tourists Arrested on Suspicion of ATM Crime in Bali
(6/26/2016)
Heart Attack Claims Man in Local Boat Race
Balinese Participants in a Bedugul Canoe Race Dies of Heart Attack.
(6/26/2016)
U-Haul Hull
Operators of Sunken KMP Rafelia II Given Deadline of September 4, 2016, to Remove Sunken Ferry Boat in Java-Bali Straits
(6/26/2016)
Connected in Kuta
Kuta, Bali Launches 115 Free Wireless WiFi Points
(6/26/2016)
A Kemenuh Conondrum
Kemenuh Butterfly Park in Gianyar, Bali: Illegally Constructed, Illegally Operated and Failing to Pay Taxes
(6/26/2016)
Short Take Off and Approach
Indonesian Transportation Minister Not in Favor of Reclaiming Land to Extend Length of Bali’s Airport
(6/26/2016)
Hot and Bothered in Bali
Bali Airport Installs Thermal Scanner to Detect International Passengers Infected by the Zika Virus
(6/26/2016)
Haunting Surfeit of Human Remains
Backlog of Unburied Corpses at Sanglah General Hospital Morgue Poses a Logistics and Spiritual Risk.
(6/26/2016)
General Hospital
Bali’s Main Hospital Explains its Color-Coded Response to Medical Emergencies
(6/26/2016)
Bastards & Baksheesh
Public Outcry as Official at Gilimanuk Border Checkpoint Caught on Film Taking a Bribe
(6/26/2016)
Illegal Parking
Outgoing Denpasar Prosecutor Names Head of Denpasar Parking Authority as Suspect in Rp. 15.5 billion Corruption Case
(6/26/2016)
All [News]!