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 · Credit Card Spending in Bali and Indonesia
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

Credit Card Spending in Bali and Indonesia

Visa Indonesia Analysis Reveals Where and How Foreign Visitors Spend their Money While on an Indonesian Holiday.


Bali News:
Click Image to Enlarge

(11/19/2006)

Recently published result on the spending habits of Visa Card holders when visiting Indonesia provide some interesting insights into how visitors to Bali and other regions of Indonesian spend their time and money.

Here's a brief overview of what the latest Visa Indonesian Tourism Spend Report revealed:

• Total spending by Visa Card holders increased 20% in 2005 as compared to 2004, totaling Rp. 5.6 trillion (approximately US$608.7 million). This spending increase is all the more significant given that total foreign to Indonesia for the same periods decreased by 6% in the aftermath of the "Boxing Day" tsunami, another Bali terrorist attack and fears over bird flu.

• In 2005, a total of Rp. 138 billion (approximately US$ 15 million) was spent on women's clothing and Rp. 132 million (approximately US 14.3 million) on men's clothing by foreign visitors using a Visa Card.

• Substantial growth in spending was seen in the purchases of women's accessories and jewelry which increased 160%, while the sale of leather products and luggage increased 102%.

• 852,000 Visa Card transactions were recorded at Indonesian hotels with a value of US$198 million.

• 433,000 Visa Card transactions were made at Indonesian restaurants incurring charges of US$36 million.

• The biggest spenders using Visa Cards came from Australia (US$98.9 million), the U.S. (US$89.1 million) and Japan (US$77.7 million).

Visa Card purchases by foreign visitors were highest in Bali (US$261 million), followed by Jakarta (US$186 million) and Batam (US$12 million).

Visa's tracking of "big spenders" showed that visitors who used their cards for the highest level of purchasing hailed from Hong Kong, followed by Russia and the U.K..

• The value of an average transaction increased from Rp. 1.2 million in 2004 to Rp. 1.3 million (US$141) in 2005.

Visa maintains careful records reflecting the spending habits of its customers, breaking purchases down into 272 separate categories cross indexed by the nationality of the card holder.


© 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
What’s New in Ubud?
Renewed Alaya Resort Ubud and Manisan Restaurant Now Open for Business
(9/25/2016)
Return to Sender
Singaporean Arrested Trying to Smuggle Drugs Through Bali’s Postal System
(9/25/2016)
Why the Chicken Crossed the Ring
Chicken in Cock Flight Sends Balinese Owner to Intensive Care with a Cut Artery
(9/25/2016)
Bali Beach Head in the Fight Against Polluted Oceans
2,500 Volunteers Join Coastal Clean Up of Bali Beached Organized by Bali Hotel Association
(9/25/2016)
A Lack of Chinese Characters
Bali Legislator Wants Punishment Imposed on Chinese Scuba Divers Who Deface Coral Reefs
(9/25/2016)
Bali Struggles with LGBT Travel Continues
Some Elements in Bali Take Strong Umbrage at Reports of Gay Pre-Wedding Photos Taken in Bali
(9/25/2016)
More Capacity Between Bali & Lombok?
Garuda Eyes Adding Seat Capacity Between Bali and Lombok
(9/25/2016)
Bali Beach Body Contact
Sheraton Bali Kuta Resorts Hosts Bali Beach Body Combat on Sunday, November 6, 2016, to Help UNICEF
(9/25/2016)
Bali and Beyond to Maumere
Garuda Indonesia Flies Four Times a Week Bali to Maumere, Flores
(9/25/2016)
In a Spanish Mood
Spanish-based Indonesian Pianist Ananda Sukarlan to Speak and Debut New Compositions at Ubud Writers and Readers Festival
(9/25/2016)
Feeling Ill? Call the ‘Boogie Man’
Bali Airport Provides Mini-Ambulance to Reduce Response Time in Case of a Medical Emergency
(9/25/2016)
Feeling for a Motherless Child
Moved by News Reports of a Motherless Child, Bali Governor Reaches Out to Help the Baby and its Single-Father
(9/25/2016)
All [News]!