The Indonesian travel industry is showing significant expansion in 2023. The main reason behind this growth is the revocation of the PPKM (Community Activities Restrictions Enforcement) policy at the end of 2022, which has resulted in much greater mobility across all travel modes.
In 2023, the number of domestic flights has recovered and exceeded pre-COVID-19 figures, while for international flights, the recovery is taking longer and is not expected to reach pre-pandemic levels until the forecast period. High ticket prices for international travel are still a major challenge in the difficult economic conditions following the impact of measures introduced to limit the spread of the SARS-CoV-2 virus and the global economic repercussions of Russia’s invasion of Ukraine.
The hotels category is once again experiencing significant growth in 2023 as a result of a high number of domestic tourist trips. The staycation trend and various long holiday periods, including year-end holidays and Lebaran, are the main contributors to the rise in hotels sales.
In 2023, most offline players remain far from their pre-COVID-19 figures, although they have experienced stronger performances than in the previous year. Leading online players have continued to experience strong growth in 2023, similar to in the second half of 2022.
Domestic tourists are expected to be the biggest contributor to the Indonesian travel industry in the forecast period. As for inbound arrivals, it is estimated that they will not recover to the levels seen immediately prior to the outbreak of COVID-19 until 2026.
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Understand the latest market trends and future growth opportunities for the Travel 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
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Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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