Global Tourism Forum is an initiative of London based World Tourism Forum Institute. Starting from 2020, World Tourism Forum Institute’s events will be entitled as Global Tourism Forum.
The Global Tourism Forum, or GTF for short, is an international collaboration platform focused on addressing the challenges for the travel industry. Combining the joint efforts of government agencies, industry stakeholders and academia, GTF strives to achieve sustainable development models for emerging travel markets, as well as devising strategies to ensure tourism growth.
World Tourism Forum Institute organizes several initiatives aiming to promote the hosting country internationally. As an initiative of WTFI, Global Tourism Forum organizes select activities designed to strengthen the host country’s branding abroad.
Global Tourism Forum also plays a leading role in attracting foreign direct investment to the target country, by working to identify business opportunities, promoting strategic events and lending support to foreign investors willing to allocate resources in target country.
Tourism in Indonesia
Tourism in Indonesia is an essential source of foreign currency for the country and an essential part of the economy. Indonesia was listed as the 20th most attractive tourist destination globally and the 9th fastest expanding globally in 2017. Many of the world’s most popular destinations saw a significant increase in 2018, with Denpasar, Jakarta, and Batam among the ten fastest-growing destinations, with 32.7, 29.2, and 23.3 per cent year-over-year growth correspondingly. The tourist industry was the fourth biggest in terms of the volume of products and services exported.
Foreign visitor visits in Indonesia increased by 1.9% in 2019, up from 16.1 million in 2018. About 9.73 million foreign tourists came to Indonesia in 2015, spending an average of 7.5 nights in hotels and staying for an average of 7.5 days, for a total of about $1,142. That same year, overseas visitors to Indonesia spent about $152 per day or $152.22 per day on average. One of the five most significant tourist sources to Indonesia is Singapore, Malaysia, China, Australia, and Japan.
Indonesia was ranked 40th overall in the Travel and Tourism Competitiveness Report 2019 with a Travel and Tourism Competitiveness Index score of 4.3. Indonesia ranked 42nd out of 136 nations in the 2017 study with a score of 4.2. According to the study, Indonesia’s tourism industry has a price competitiveness ranking of third out of 141 nations.