Latest News- Tourism And Hotel Market in Indonesia: Domestic is expected to lead the Type segment during 2025-2029

The Tourism And Hotel Market in Indonesia is being driven by Increasing preference for local and authentic experiences

The Tourism And Hotel Market in Indonesia is expected to grow at a CAGR of 6.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 11443.8 million. In the dynamic tourism and hotel market of Indonesia, technological advancements have significantly influenced the travel and hospitality industry. With the widespread availability of high-speed internet and smartphones, travelers now have unparalleled access to a wealth of digital information. This includes destination images, videos, customer reviews, weather updates, maps, and guides, all readily available online. Booking platforms, such as Booking.com, have capitalized on this trend, offering customized booking options and catering to various travel preferences. In 2024, Booking.com recorded over 309 million verified customer reviews, underscoring the increasing importance of digital testimonials in shaping travel plans and itineraries. This digital transformation empowers travelers to make informed decisions and optimize their vacation experiences. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Domestic
  • International
• Class Type
  • Chain hotels
  • Independent hotels
• Customer Type
  • Leisure
  • Business
• Geography
  • Indonesia

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing preference for local and authentic experiences
• Growing affordability and rising disposable income
• Growing number of foreign tourists

However, the market also witnesses some limitations, which are as follows:

• Climate change and unexpected weather developments
• Increased threat of terrorism
• Inadequate infrastructure for travelers

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Market Scope in Tourism And Hotel Market in Indonesia Research Report

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Research Analysis Overview

In Indonesia's tourism and hotel market, cloud-based solutions and integrated systems are transforming the industry. Mobile check-in, keyless entry, and automated services, including voice and virtual assistants, offer enhanced guest experiences. Smart room technology, IoT devices, and wearable tech provide personalized recommendations based on data-driven insights and customer journey mapping. Travel planning tools, trip itineraries, destination guides, and travel advisories are essential for customers. Review management, influencer marketing, content marketing, and search engine optimization boost online presence. Paid advertising, email marketing, event management, meeting planning, conference facilities, and catering services complete the comprehensive hospitality offerings.

Market Research Overview

In the dynamic and expansive business landscape of the global hotels, resorts, and cruise lines industry, key players include hotel management systems providers, online travel agencies, travel booking platforms, guest relationship management firms, property management systems vendors, and revenue management solutions specialists. This sector encompasses companies operating hotels, resorts, and cruise ships, as well as casinos and gaming establishments, leisure facilities, and restaurants. According to Technavio, industry growth is driven by the burgeoning travel and tourism sector, with increasing numbers of travelers from both emerging and developed economies fueling demand for accommodations and related services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/