| Travel News Talk
Travel News Talk

Bali Tourism sector to grow by 4%

Bali the most famous tourist hotspot in Indonesia for its breathtaking sandy beaches is expected to experience an economic boom in 2016 with a forecasted figure of its economy to grow within the range of 6.03% – 7.03% due to stronger consumption, improving investments and export performance. When the infrastructure is on the rise, investment will also rapidly rise together, as expressed by a Bank Indonesia Representative Office of Bali.The Bali tourism sector will be getting greatly benefitted from the world tourism sector which is still reflecting an increasing trend. According to World Travel and Tourism Council (WTTC), the tourism sector is definitely expected to grow 4% more than the financial sector, transportation and manufacturing industries. Bali’s tourism sector has many factors for its rapid growth including its attractive Bali surf resorts such as Anantara Uluwatu Bali Resort.