Tourism and hotel market in Indonesia size to grow by USD 21.93 billion from 2021 to 2026; A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

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

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 –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

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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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:

• Domestic
• International

  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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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.

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Website: www.technavio.com/

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