Sunday, April 27, 2014

Bali Shows Strong Start to 2014

Bali by the Numbers: Bali Q1 2014 Arrivals Up14.87%

Foreign arrival figures for March 2014 recorded 280,047 – an increase of 14.5% month-on-month against March 2013 when Bali had 245,311 foreign visitors.
Arrivals for the first three months of the year (Q1) totaled 835,099 – an improvement of 14.87% over the same period one year before.
Projecting ahead to the end of 2014 and assuming the 14.87% rate of growth is sustained, Bali can expect to welcome 3.75 million foreign visitors in the current year.

Key Markets
  • Australia – After showing a flat performance through most of 2013, Australian arrivals to Bali have increased 15.67% during Q1 of 2014 as compared to the same period last year.
  • People’s Republic of China – Very strong growth is reported from the PRC market during the first three months, growing a dramatic 50.17% during Q1 2014. Close observation is warranted to se what, if any, effects the Malaysian Airline disaster will have on Chinese travel patterns.
  • Japan – After showing signs of significant recovery, Japanese arrivals are weakening, down 10.03% for Q1 2014 as compared to the first three months of 2013.
  • Singapore – Singapore travel to Bali is booming, up 48.72% for Q1 2014.
  • Russia – A troubled economy in Russia may explain in part the 14.17% decline in Russian arrival.
  • France – French arrivals showed double digit improvement in Q1, improving 14.35%.
  • Germany – German arrivals declined a concerning 8.84% in Q1.
  • India – remains of Bali’s strongest emerging markets improving 28.13% during the first three months of 2014.
 
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