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Travel outlook remains positive, as Indonesians will take more international trips over the next two years


Jakarta, INDONESIA, 20 August 2015 – According to the Visa Global Travel Intentions Study 2015[1], Indonesians are expected to take an average of five trips in the next two years which is more than the global average of three trips. Moreover, Indonesian travelers intend to take two business trips, compared to their global counterparts of one business trip.

Ellyana Fuad, President Director of PT Visa Indonesia said: “The Visa Global Travel Intentions Study sheds a positive light on Indonesia as higher intentions to go on business trips in the next two years is a good indication that Indonesians have an optimistic outlook on the business environment.”

The study also shows that Indonesians have increased their travel expenditure by 30 percent, from a median spend of USD $1,198 in 2013 to USD $1,562 in 2015, with plans to increase their spending up to USD $2,501 for future trips. The most common activities travel budget goes towards are shopping (69 percent), visiting local attractions (68 percent) and going to famous restaurants (51 percent).

“Another sign of optimism amongst Indonesian travelers is their planned 60 percent increase in future travel spending, which is higher than the 53 percent increase expected by their global counterparts. The rise in travel spending is likely driven by the increasing affluent, solo and business travelers,” added Ms. Fuad.

 

The study further reveals that more Indonesians have travelled overseas for leisure, where 85 percent of the Indonesian respondents have taken international trips for leisure in the past two years. This is significantly higher compared to the 2013 Global Travel Intentions study, where only 52% of Indonesians had travelled abroad for their vacation.  Singapore and Malaysia remain the top destinations for Indonesian travelers, however traveling to North Asia, mainly Japan, Hong Kong and Korea, has become more popular in the last two years.

The study also found strong use of payment cards throughout a holiday – both to plan and pay before one leaves and to pay for activities during a holiday.  In the booking stage, cards are the most preferred way to pay for holidays with 73 percent of Indonesian travellers using cards at that stage. While at their destination, Indonesian travellers pay 38 percent of their expenses with payment cards.

Ellyana Fuad added: “The added convenience, security and wide acceptance of payment cards are valued by travellers. Our Study showed that 54 percent of Indonesian travellers prefer to use credit cards across all merchants when they are at their destination. In fact, 33 percent of Indonesian travellers said they would spend more with wider card acceptance.”

 

About Visa Inc.

Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 56,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead of time with prepaid or pay later with credit products. For more information, visit usa.visa.com/about-visa, visacorporate.tumblr.com and @VisaNews.

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