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Jakarta Post

Tourism sector suffers $1.5 billion losses as Covid-19 hits hard

  • Riza Roidila Mufti

    The Jakarta Post

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Jakarta   /   Mon, March 16, 2020   /  03:02 pm
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The chairman of Indonesia’s Hotel and Restaurant Association (PHRI) Hariyadi B. Sukamdani talks to the press on the impact of the coronavirus epidemic on the tourism industry in Jakarta on Thursday.(JP/Riza Roidila Mufti)

The Indonesian tourism sector has suffered losses of at least US$1.5 billion since January as cancelations have hit the industry, especially hotels, amid growing fears over the outbreak of the novel coronavirus, an industry source has said. Chairman of the Indonesia Hotel and Restaurant Association (PHRI) Hariyadi B. Sukamdani said that of the total estimated losses, about $1.1 billion occurred as a result of cancelations made by tourists from China and the remaining $400 million resulted from cancelations made by tourists from other countries. “The losses are growing as people prefer to stay at home rather than going on vacation,” Hariyadi, who also chairs the Indonesia Employer’s Association (Apindo), said in Jakarta on Thursday. He said that other related businesses such as the suppliers of hotels for their daily operations, which mostly comprise small- and ...