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Strong Growth in Tourism Fails to Meet Targeted Goals

National Tourism Arrivals to End the Year at Around 14 million, 1 Million Short of Targeted 15 Million


Bali News: Indonesia, Tourism Targets, Tourism Investment
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(12/24/2017)

Indonesia’s Minister of Tourism has revealed that national tourist arrivals for 2017 will fall short of a projected target of 15 million foreign visitors.

Through the end of October 2017, a total of 11,617,828 tourists visited Bali representing an increase of 24% when compared to the same period in 2016 when 9.403,614 foreign tourists came to Indonesia.

As reported by Balipost.com, 14 million foreign tourists are expected to visit the Country – a shortfall of one million from the projected target of 15 million visitors.

In the Southeast Asia region, Indonesian tourism is demonstrating strong growth in tourism (24%), second only to Vietnam that has recorded a 25.2% increase in arrivals for the period January-October 2017.

Meanwhile, domestic tourism nationwide has exceeded by 14% government targets for January-October 2017 with 252,569,465 domestic tourism trips generating an estimated Rp. 230.91 trillion tourism income.

Investment nationally in the tourism sector for the period January-September 2017 equaled US$1.39 billion representing an increase of 27.68% over the tourism investment achieved in the first 9 months of 2016.

Indonesia has targeted US$1.75 billion in tourism investments for 2017 as a whole.

Through the end of September US$1.094 billion was in the form of foreign investments with domestic investments totaling US$301.75 million.

In terms of foreign investments, the biggest investors in tourism were from Singapore, China and Japan that invested in hotels in Bali, Riau and Jakarta. Meanwhile, domestic investors were more drawn to projects in West Java, Central Java, and East Java.


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