Tourism and Hotel Market in Indonesia 2022-2026

Tourism and Hotel Market in Indonesia 2022-2026

Technavio has been monitoring the tourism and hotel market in Indonesia and it is poised to grow by $ 21.93 bn during 2022-2026, progressing at a CAGR of 11.81% during the forecast period. Our report on the tourism and hotel market in Indonesia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing preference for local and authentic experiences and growing affordability and rising disposable income. In addition, increasing preference for local and authentic experiences is anticipated to boost the growth of the market as well.

The tourism and hotel market in Indonesia analysis includes the type of tourists and hotel type segments.

Technavio's tourism and hotel market in Indonesia is segmented as below:

• By Type of Tourists
• Domestic
• International

By Hotel Type

• Chain hotels
• Independent hotels

This study identifies the growing number of foreign touristsas one of the prime reasons driving the tourism and hotel market growth in Indonesia during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on tourism and hotel market in Indonesia covers the following areas:

• Tourism and hotel market sizing
• Tourism and hotel market forecast
• Tourism and hotel market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tourism and hotel market vendors in Indonesia that include 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. Also, the tourism and hotel market in Indonesia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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.