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Article: BALI: COUNTING COST AND REBUILDING TOURISM
- Article from:
- United Press International
- Article date:
- January 21, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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00-00-0000
Bali: counting cost and rebuilding tourism
JAKARTA, Indonesia, Jan 21, 2003 (United Press International via COMTEX)
-- The bombing in Bali last Oct. 12 killed nearly 200 people, knocked
half a percentage point from Indonesia's gross domestic product growth
of 3.5 percent, and exposed the country's frailties as a safe tourist
destination.
Hotel occupancy rates in Bali dropped to single figures after the
blasts. To break even they need about 20 percent to 40 percent occupancy.
The tourism business is worth $5.4 billion in revenue to Indonesia
each year, with Bali, which attracts 1.5 million tourists per year,
accounting for a third of that sum.
Spotting the goodwill of ...