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G20, Global Tourism Forum, upgraded Labuan Bajo to boost tourism revenue
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Tourism and Creative Economy Minister Sandiaga Uno stands at a podium on Aug. 16. (Tourism and Creative Economy Ministry/-)
The government is banking on windfall income from the G20 Summit as well as the Global Tourism Forum – both to be hosted in Bali this month – and is upgrading facilities at the popular destination of Labuan Bajo in East Nusa Tenggara.
The Tourism and Creative Economy Ministry anticipates US$100 million to $150 million in additional income from 50,000 G20 Summit visitors, which would account for 20 to 25 percent of income from foreign tourists this year.
“We have [calculated that] every tourist or [G20 Summit] conference attendee will spend $2,000 to $3,000,” Tourism and Creative Economy Minister Sandiaga Uno said in a press conference on Monday.
Read also: Tourism ministry banks on G20 to rekindle Bali’s allure
Right after the summit, from Nov. 17 to 18, Bali will host another international event called the Global Tourism Forum, a conference created by the World Tourism Forum Institute (WTFI) to bring 300 key industry players together to talk about the future of tourism.
Rizki Handayani Mustafa, the ministry's person in charge of the forum, said the event was designed as an introductory “platform” to advertise Indonesia’s tourism potential in the hope of stimulating business activity and investment.
“We are going to host many investors and decision-makers within that program. We will speak [about] crypto, finance and new investment modules in Asia and all around the world. We are also going to speak about tourist destinations after COVID-19, what’s happening and what [the business players] are focusing on,” WTFI president Bulut Bagci said in the press conference.
