Categories: Wire Stories

Indonesia Hospitality Market Report 2022-2026 – Implementation of Sustainable Tourism Practices by Hospitality Companies Primarily Driving Market Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Hospitality Market in Indonesia 2022-2026” report has been added to ResearchAndMarkets.com’s offering.

The hospitality market in Indonesia is poised to grow by $16.87 billion during 2022-2026, progressing at a CAGR of 12.03% during the forecast period.

The market is driven by shifting preference for local and authentic experiences and increasing number of travelers opting for new types of tourism. The study identifies the implementation of sustainable tourism practices by hospitality companies as one of the prime reasons driving the hospitality market growth in Indonesia during the next few years.

This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The hospitality market in Indonesia is segmented as below:

By Type of Tourists

  • Domestic
  • International

By Service

  • Foodservice
  • Accommodation

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hospitality market vendors in Indonesia that include:

  • Archipelago International
  • OSO GROUP
  • PT Garuda Indonesia (Persero) Tbk.
  • PT Kakaban Tour and Travel Services
  • PT PEGADAIAN
  • PT Pertamina Patra Niaga
  • PT Singarajaputra Tbk
  • PT. Golden Rama Express
  • SAHID HOTELS and RESORTS
  • Xotels Ltd.

Also, the hospitality market in Indonesia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

For more information about this report visit https://www.researchandmarkets.com/r/9v9s5p

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