Tourism and Hotel Market in Indonesia to Grow by USD 21.93 Bn | 17,000+ Technavio Research Reports

NEW YORK , Feb. 15, 2022 /PRNewswire/ -- The "Tourism And Hotel Market In Indonesia by - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the tourism and hotel market in Indonesia between 2021 and 2026 is USD 21.93 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Driver
• Market Challenge

The increasing preference for local and authentic experiences is one of the key market drivers. Some tourists focus more on exploring local communities and their cultures. These tourists prefer buying local products instead of souvenirs and undertaking adventure trips in public transport instead of taxis. In addition, tourists are becoming more aware of the environmental impact of tourism. These factors will fuel the market's growth in focus during the forecast period.

However, factors such as climate change and unexpected weather developments will challenge market growth. Tropical hurricanes, floods, and rising sea-water levels pose significant challenges to Indonesia by severely deteriorating tourism infrastructure, resources, and buildings. Rebuilding and maintaining infrastructure can be highly time-consuming, depending on the severity of natural calamities. Environmental disasters directly affect agriculture, biodiversity, human health, and the tourism industry, which involves a recovery period of 20 to 24 months. In contrast, any political unrest takes about 27 months to recover. These factors may impact the market's revenue growth, which is another challenge for the tourism and hotel market in Indonesia during the forecast period.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!

Market Segmentation
By type of tourists, the tourism and hotel market in Indonesia is segmented into domestic and international segments. The domestic segment will have significant market share growth during the forecast period. The segment is expected to continue to lead the market during the forecast period due to advantages such as the familiarity of such tourists with the country's tourism policies, rules, and language and culture. Domestic tourism in Indonesia is driven by the absence of currency exchange issues and the importance of regional economic growth.

By hotel type, the tourism and hotel market in Indonesia is segmented into chain hotels and independent hotels. The chain hotels segment accounted for the highest market share in Indonesia's tourism and hotel industry. The major driver influencing the segment growth is the consistent growth in Indonesia's travel and tourism industry.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned

• Aryaduta Aryaduta Hotel Group
• Double-Six Luxury Hotel Seminyak
• Grandmas Plus Hotel Airport
• Katamaran Hotel and Resort
• Kempinski Hotels SA
• Le Eminence Hotel Convention and Resort
• Pesona Alam Resort and Spa
• Pullman Ciawi Vimala Hills Resort Spa and Convention
• Puri Sari Beach Hotel
• Shanghai Jin Jiang International Hotels Group Co. Ltd.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

Hospitality Market in Indonesia by Service and Type of Tourists - Forecast and Analysis 2022-2026

Sustainable Tourism Market by Type and Geography - Forecast and Analysis 2021-2025

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type of tourists

• Market segments
• Comparison by Type of tourists
• Domestic - Market size and forecast 2021-2026
• International - Market size and forecast 2021-2026
• Market opportunity by Type of tourists

Market Segmentation by Hotel type

• Market segments
• Comparison by Hotel type
• Chain hotels - Market size and forecast 2021-2026
• Independent hotels - Market size and forecast 2021-2026
• Market opportunity by Hotel type
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Aryaduta Aryaduta Hotel Group
• Double-Six Luxury Hotel Seminyak
• Grandmas Plus Hotel Airport
• Katamaran Hotel and Resort
• Kempinski Hotels SA
• Le Eminence Hotel Convention and Resort
• Pesona Alam Resort and Spa
• Pullman Ciawi Vimala Hills Resort Spa and Convention
• Puri Sari Beach Hotel
• Shanghai Jin Jiang International Hotels Group Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio