Close
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: Lower Tourism Targets for 2003
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.


 
UBUD WRITERS & READERS FESTIVAL
 
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
A Kiwi Courting Criminal Charges
Kiwi Tourist Richard James Wackrow Arrested at Bali Airport for Stealing Personal Items of American Tourist.
(9/28/2014)
Carte à Jouer
Two Frenchmen Arrested in Kuta for Stealing a Credit Card
(9/29/2014)
A President in a Class All His Own
President –Elect Joko Widodo Flies Economy from Bali to Jakarta
(9/28/2014)
We Get Mail!
Balidiscovery.com Readers take Issue with Tommy Soetomo – the Boastful CEO of Bali’s Airport Authoritty
(9/28/2014)
Canggu Drowning Victim
South African Tourist Drown at Canggu
(9/28/2014)
Meetings, Bloody Meetings!
Incoming President Joko Widodo Transition Team Identify that US$1.5 Billion Spent Each Year on Government Meetings
(9/28/2014)
Running for Hearth and Home
Eight Bali & Lombok Results Stage Charity Run to Build Low-Cost Housing in Bali
(9/28/2014)
Two Decades for Depraved Decadence
Prosecutors Demand 18 Years Prison for Man Who Murdered Englishwoman in Ubud, Bali
(9/27/2014)
Until Kingdom Come
Bali to be Home to Lavish Museum Commemorating the Majapahit Era
(9/28/2014)
Power to Accommodation Owners
Hotel Link Solution-Indonesia Team Attends Vietnam Conference to Help Indonesia Hotels Obtain Larger Share On-Line Booking Business.
(9/27/2014)
When a Leg Fails to Cooperate, Shoot it
Police Shoot Two Men Linked to a Rape and the Robbery of Many Villas in North Kuta
(9/27/2014)
This is Your Wake Up Call
Many Bali Residents Roused from their Sleep by a 4.6 Earthquake on September 23, 2014
(9/27/2014)
All [News]!
 
Tourism and Transport Tourism Agents