Indonesian tourism set to beat Thailand in 5 years

• Oct 24, 2018

Tourism Minister Arief Yahya says growth in the Indonesian tourist industry may surpass that of Thailand within the next five years. 

“We can beat ‘Amazing Thailand’ and ‘Malaysia Truly Asia’ ,” Arief said in a discussion at the State Secretariat in Jakarta on Tuesday as reported by kompas.com, arguing that in 2014, Indonesia ranked 70th in the world tourist Industry, but jumped to the 20th spot in 2017.

“We can dream of beating Thailand within about five years.”

Indonesia welcomed some 14 million foreign tourists in 2017, with contribution to the state revenue at around US$15.2 billion, while Thailand welcomed 35 million foreign tourists in the same year with contribution to the country’s state revenue at $45 billion.

Meanwhile, Indonesia aims to welcome 17 million foreign tourists in 2018, with contribution to the state revenue to reach some $17 billion.

“So we project that in 2019, the tourist sector will contribute $20 billion,” Arief said.

Indonesia was declared as having the ninth-fastest growing tourist sector in the world in 2017, the third-fastest growing in Asia and fastest-growing in Southeast Asia.

The tourist sector grew 22 percent in 2017, higher than the 6.4 percent average growth of global tourism and 7 percent average growth in the ASEAN tourist industry. (bbn)

Source: http://www.thejakartapost.com/news/2018/10/23/indonesian-tourism-set-to-beat-thailand-in-5-years.html