BMI View: Indonesia's tourism industry offers substantial potential for growth due to the country'senormous range of attractions across the archipelago and improving transport connections to regional andglobal source markets. Government support in the form of marketing campaigns, a relaxation of visaregulations, and transport/energy infrastructure investment are yielding tangible benefits and the country isattracting rising numbers of visitors from diversified source markets though the Asian market will continueto dominate. Key downside risks to our outlook include potential challenges such as ongoing domesticsecurity concerns, environmental risks, infrastructure gaps in less popular areas and limitations in thelabour market.
Latest Updates And Key Forecasts
Indonesia is promoting a range of tourism sectors in order to attract more visitors to the country. Thecountry is keen to expand the number of yacht travellers and has overhauled the CIQP (Customs,Immigration, Quarantine, and Port Clearance) system to facilitate arrivals. Golf and food travel are alsobeing promoted in markets such as South Korea and Australia.