Indonesia Tourism and Hospitality Market to Grow by $21.93 Billion | Over 17,000 Technavio Research Reports |

NEW YORK , February 15, 2022 /PRNewswire/ — The “Tourism and hospitality market in Indonesia by – Forecasts and Analysis 2022-2026report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.

The difference in potential growth of the tourism and hotel market in Indonesia between 2021 and 2026 is $21.93 billion. To get the exact annual growth variance and annual growth rate, Talk to our analyst.

Key Market Dynamics:

  • market engine
  • Market challenge

the growing preference for local and authentic experiences is one of the main drivers of the market. Some tourists focus more on exploring local communities and their cultures. These tourists prefer to buy local products rather than souvenirs and undertake adventure trips in public transport rather than taxis. Additionally, tourists are increasingly aware of the environmental impact of tourism. These factors will fuel the growth of the market over the forecast period.

However, factors such as climate change and unexpected weather patterns will challenge the growth of the market. Tropical hurricanes, flooding and sea level rise pose significant challenges for Indonesia seriously deteriorating infrastructure, resources and tourist buildings. Rebuilding and maintaining infrastructure can take a long time, depending on the severity of natural disasters. Environmental disasters directly affect agriculture, biodiversity, human health and the tourism industry, implying a recovery period of 20 to 24 months. In contrast, any political disorder takes about 27 months to recover. These factors can impact the revenue growth of the market, which is another challenge for the tourism and hospitality market in Indonesia during the forecast period.

Learn more about additional key factors, trends and challenges available with Technavio. Read our FREE sample report now!

Market segmentation

By type of tourist, the tourist and hotel market in Indonesia is segmented into domestic and international segments. the domestic segment will experience significant growth in its market share over the forecast period. The segment is expected to continue to dominate the market over the forecast period due to advantages such as familiarity of these tourists with the country’s tourism policies, rules, language and culture. Domestic tourism in Indonesia is motivated by the absence of exchange rate problems and the importance of regional economic growth.

By hotel type, the tourism and hospitality market Indonesia is segmented into chain hotels and independent hotels. the hotel chain segment had the highest market share in indonesia tourism and hospitality. The main driver influencing the growth of the segment is the steady growth of indonesia the travel and tourism industry.

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned

    • Aryaduta Aryaduta Hotel Group
    • Luxury Hotel Double-Six Seminyak
    • Grandmas Plus Hotel Airport
    • Katamaran Hotel and Resort
    • Kempinski Hotels AG
    • The 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 access more supplier profiles with their key offerings available with Technavio, Click here

Related reports:

Hotel 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

Tourism and hospitality market in Indonesia

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 11.81%

Market Growth 2022-2026

$21.93 billion

Market structure

Fragmented

Annual growth (%)

6.09

Regional analysis

Indonesia

Successful market contribution

100% Indonesia

Main consumer countries

Indonesia

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

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 and Shanghai Jin Jiang International Hotels Group Co. Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market Outlook: Predictions for 2021 – 2026

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by type of tourists

  • Market segments
  • Comparison by Type of tourists
  • National – 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 factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Overview
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Aryaduta Aryaduta Hotel Group
  • Luxury Hotel Double-Six Seminyak
  • Grandmas Plus Hotel Airport
  • Katamaran Hotel and Resort
  • Kempinski Hotels AG
  • The 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

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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