NEW YORK, Jan. 16, 2023 /PRNewswire/ — The tourism and hotel market in Indonesia size is estimated to increase by USD 21.93 billion from 2021 to 2026. The market’s growth momentum will accelerate at a CAGR of 11.81% during the forecast period. – Request a sample report

Technavio has announced its latest market research report titled Tourism and Hotel Market in Indonesia

Tourism and hotel market in Indonesia – Vendor Analysis

Vendor Offerings –

• Aryaduta Aryaduta Hotel Group – The company offers a wide range of hotels such as Aryaduta Menteng, Aryaduta Suite Semanggi, Aryaduta Bandung, and others.

• Double-Six Luxury Hotel Seminyak –  The company offers suites such as Leisure suites, Junior Leisure Suites Twin, and Penthouses through their hotels.

• Grandmas Plus Hotel Airport – The company offers cozy rooms with all the right leisure facilities and swift transfers to reach the airports.

• For Details on vendor and its offerings – Buy the report!

Vendor Landscape – The tourism and hotel market in Indonesia is fragmented, with the presence of several regional vendors. A few prominent vendors that offer tourism and hotel in Indonesia in the market are 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. and others.

The tourism and hotel market in Indonesia is at its growing stage. This statistical study of the tourism and hotel market in Indonesia encompasses successful business strategies deployed by the key vendors. The tourism and hotel market in Indonesia is fragmented and the vendors are deploying growth strategies such as price, government licensing, service portfolio, quality, brand, and safety measures to compete in the market.

Tourism and hotel market in Indonesia – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

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Tourism And Hotel Market In Indonesia – Segmentation Assessment

Segment Overview
Technavio has segmented the market based on tourists (domestic and international) and hotel type (chain hotels and independent hotels).

• The domestic segment will grow at a significant rate during the forecast period. The domestic tourism segment dominates the market in focus. 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.

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Tourism And Hotel Market In Indonesia – Market Dynamics

Leading Drivers – The increasing preference for local and authentic experiences is one of the key drivers supporting the tourism and hotel market growth in Indonesia. Some tourists focus more on exploring local communities and their cultures, which are considered one of the most critical aspects of Indonesia’s tourism and hotel market. These tourists prefer buying local products instead of souvenirs and undertaking adventure trips in public transport instead of taxis. Also, having dinner in a restaurant that uses zero-kilometer ingredients, including local, low-impact primary ingredients, such as meat, cheese, and honey. This new form of tourism is expected to become popular among tourists as they are becoming more aware of the environmental impact of tourism. This will fuel the market’s growth in focus during the forecast period.

Key Trends – Growing internet access and online testimonials is another factor supporting the tourism and hotel market growth in Indonesia. The Internet provides consumers with all the essential information related to travel besides customer-generated reviews through testimonials. For instance, booking.com, one of the prominent booking portals, provides users with booking options depending on the type of trip they wish to take. In 2020, the website had over 65 million guest reviews. Online testimonials are expected to garner more attention as they help travelers plan their visits and related itinerary. This is expected to positively impact the tourism and hotel market in Indonesia during the forecast period.

Major challenges – The factors such as climate change and unexpected weather developments is hindering the tourism and hotel market growth in Indonesia. Tropical hurricanes, floods, and rising sea-water levels pose big problems to Indonesia by severely deteriorating tourism infrastructure, resources, and buildings. Also, rebuilding and maintaining infrastructure could be a highly time-consuming process, depending on the severity of the natural calamity. 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.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this Tourism And Hotel Market In Indonesia report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the tourism and hotel market in Indonesia between 2022 and 2026

• Precise estimation of the size of the tourism and hotel market in Indonesia size and its contribution to the market in focus on the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the tourism and hotel market in Indonesia industry across Indonesia

• A thorough analysis of the market’s competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of tourism and hotel market vendors in Indonesia

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Tourism And Hotel Market In Indonesia Scope
Report Coverage	Details
Page number	120
Base year	2021
Historic period	2017-2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 11.81%
Market growth 2022-2026	USD 21.93 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	6.09
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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 inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents

1 Executive Summary

 

1.1 Market Overview

Exhibit 01:  Key Finding 1

Exhibit 02:  Key Finding 2

Exhibit 03:  Key Finding 5

Exhibit 04:  Key Finding 6

Exhibit 05:  Key Finding 7

2. Market Landscape 

2.1 Market ecosystem

Exhibit 06:  Parent market

Exhibit 07:  Market characteristics

2.2 Value chain analysis

Exhibit 08:  Value chain analysis: Hotels, restaurants and leisure market

  2.2.1 Inputs

2.2.2 Inbound logistics

2.2.3 Operations

2.2.4 Services

2.2.5 Marketing and sales

2.2.6 Support activities

2.2.7 Innovations

3. Market Sizing 

3.1 Market definition

Exhibit 09:  Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 10:  Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021 – 2026

3.4.1 Estimating growth rates for emerging and high-growth markets

3.4.2 Estimating growth rates for mature markets

Exhibit 11:  Global – Market size and forecast 2021 – 2026 ($ million)

Exhibit 12:  Global market: Year-over-year growth 2021 – 2026 (%)

4. Five Forces Analysis 

4.1 Five Forces Summary

Exhibit 13:  Five forces analysis 2021 & 2026

4.2 Bargaining power of buyers

Exhibit 14:  Bargaining power of buyers

4.3 Bargaining power of suppliers

Exhibit 15: Bargaining power of suppliers

4.4 Threat of new entrants

Exhibit 16:  Threat of new entrants

4.5 Threat of substitutes

Exhibit 17: Threat of substitutes

4.6 Threat of rivalry

Exhibit 18: Threat of rivalry

4.7 Market condition

Exhibit 19:  Market condition – Five forces 2021

5. Market Segmentation by Type of tourists 

5.1 Market segments

The segments covered in this chapter are:

Exhibit 20:  Type of tourists – Market share 2021-2026 (%)

5.2 Comparison by Type of tourists

Exhibit 21:  Comparison by Type of tourists

5.3 Domestic – Market size and forecast 2021-2026

Exhibit 22:  Domestic – Market size and forecast 2021-2026 ($ million)

Exhibit 23:  Domestic – Year-over-year growth 2021-2026 (%)

5.4 International – Market size and forecast 2021-2026

Exhibit 24:  International – Market size and forecast 2021-2026 ($ million)

Exhibit 25:  International – Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Type of tourists

Exhibit 26:  Market opportunity by Type of tourists

6. Market Segmentation by Hotel type 

6.1 Market segments

The segments covered in this chapter are:

• Chain hotels

• Independent hotels

Exhibit 27:  Hotel type – Market share 2021-2026 (%)

6.2 Comparison by Hotel type

Exhibit 28:  Comparison by Hotel type

6.3 Chain hotels – Market size and forecast 2021-2026

Exhibit 29:  Chain hotels – Market size and forecast 2021-2026 ($ million)

Exhibit 30:  Chain hotels – Year-over-year growth 2021-2026 (%)

6.4 Independent hotels – Market size and forecast 2021-2026

Exhibit 31:  Independent hotels – Market size and forecast 2021-2026 ($ million)

Exhibit 32:  Independent hotels – Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Hotel type

Exhibit 33:  Market opportunity by Hotel type

7. Customer landscape 

Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

7.1 Overview

Exhibit 34:  Customer landscape

8. Drivers, Challenges, and Trends 

8.1 Market drivers

8.1.1 Increasing preference for local and authentic experiences

8.1.2 Growing affordability and rising disposable income

8.1.3 Growing number of foreign tourists

8.2 Market challenges

8.2.1 Climate change and unexpected weather developments

8.2.2 Increased threat of terrorism

8.2.3 Inadequate infrastructure for travelers

Exhibit 35:  Impact of drivers and challenges

8.3 Market trends

8.3.1 Growing Internet access and online testimonials

8.3.2 Self-check-ins to minimize waiting time

8.3.3 Digitalization in the hotel industry in Indonesia

9. Vendor Landscape 

9.1 Overview

Exhibit 36:  Vendor landscape

9.2 Landscape disruption

Exhibit 37:  Landscape disruption

Exhibit 38:  Industry risks

10. Vendor Analysis 

10.1 Vendors covered

Exhibit 39:  Vendors covered

10.2 Market positioning of vendors

Exhibit 40: Market positioning of vendors

10.3 Aryaduta Aryaduta Hotel Group

Exhibit 41:  Aryaduta Aryaduta Hotel Group – Overview

Exhibit 42:  Aryaduta Aryaduta Hotel Group – Product and service

Exhibit 43:  Aryaduta Aryaduta Hotel Group – Key offerings

10.4 Double-Six Luxury Hotel Seminyak

Exhibit 44:  Double-Six Luxury Hotel Seminyak – Overview

Exhibit 45:  Double-Six Luxury Hotel Seminyak – Product and service

Exhibit 46:  Double-Six Luxury Hotel Seminyak – Key offerings

10.5 Grandmas Plus Hotel Airport

Exhibit 47:  Grandmas Plus Hotel Airport – Overview

Exhibit 48:  Grandmas Plus Hotel Airport – Product and service

Exhibit 49:  Grandmas Plus Hotel Airport – Key offerings

10.6 Katamaran Hotel and Resort

Exhibit 50:  Katamaran Hotel and Resort – Overview

Exhibit 51:  Katamaran Hotel and Resort – Product and service

Exhibit 52:  Katamaran Hotel and Resort – Key offerings

10.7 Kempinski Hotels SA

Exhibit 53:  Kempinski Hotels SA – Overview

Exhibit 54:  Kempinski Hotels SA – Product and service

Exhibit 55:  Kempinski Hotels SA – Key offerings

10.8 Le Eminence Hotel Convention and Resort

Exhibit 56:  Le Eminence Hotel Convention and Resort – Overview

Exhibit 57:  Le Eminence Hotel Convention and Resort – Product and service

Exhibit 58:  Le Eminence Hotel Convention and Resort – Key offerings

10.9 Pesona Alam Resort and Spa

Exhibit 59:  Pesona Alam Resort and Spa – Overview

Exhibit 60:  Pesona Alam Resort and Spa – Product and service

Exhibit 61:  Pesona Alam Resort and Spa – Key offerings

10.10 Pullman Ciawi Vimala Hills Resort Spa and Convention

Exhibit 62:  Pullman Ciawi Vimala Hills Resort Spa and Convention – Overview

Exhibit 63:  Pullman Ciawi Vimala Hills Resort Spa and Convention – Product and service

Exhibit 64:  Pullman Ciawi Vimala Hills Resort Spa and Convention – Key offerings

10.11 Puri Sari Beach Hotel

Exhibit 65:  Puri Sari Beach Hotel – Overview

Exhibit 66:  Puri Sari Beach Hotel – Product and service

Exhibit 67:  Puri Sari Beach Hotel – Key offerings

10.12 Shanghai Jin Jiang International Hotels Group Co. Ltd.

Exhibit 68:  Shanghai Jin Jiang International Hotels Group Co. Ltd. – Overview

Exhibit 69:  Shanghai Jin Jiang International Hotels Group Co. Ltd. – Business segments

Exhibit 70:  Shanghai Jin Jiang International Hotels Group Co. Ltd. – Key offerings

Exhibit 71:  Shanghai Jin Jiang International Hotels Group Co. Ltd. – Segment focus

11. Appendix 

11.1 Scope of the report

11.1.1 Market definition

11.1.2 Objectives

11.1.3 Notes and caveats

11.2 Currency conversion rates for US$

Exhibit 72:  Currency conversion rates for US$

11.3 Research Methodology

Exhibit 73:  Research Methodology

Exhibit 74:  Validation techniques employed for market sizing

Exhibit 75:  Information sources

11.4 List of abbreviations

Exhibit 76:  List of abbreviations

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Tourism and Hotel Market in Indonesia

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