The retail constant value sales of experiential luxury will continue to recover throughout the forecast period. However, retail constant value sales will not exceed their pre-pandemic peak until 2025.
Crucial to the recovery of luxury hotels is the expected increase in demand for MICE (meetings, incentives, conferences and exhibitions) tourism. This is an area of Indonesia’s travel and tourism industry which has boomed in recent years, particularly as Jakarta has emerged strongly as a regional business travel destination.
Indonesia is also stepping up its efforts to attract digital nomads. In June 2022, the government unveiled plans for a digital nomad visa.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See All of Our DefinitionsThis report originates from Passport, our Experiential Luxury research and analysis database.
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