Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Credit Card Spending in Bali and Indonesia
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Credit Card Spending in Bali and Indonesia

Visa Indonesia Analysis Reveals Where and How Foreign Visitors Spend their Money While on an Indonesian Holiday.


Bali News:
Click Image to Enlarge

(11/19/2006)

Recently published result on the spending habits of Visa Card holders when visiting Indonesia provide some interesting insights into how visitors to Bali and other regions of Indonesian spend their time and money.

Here's a brief overview of what the latest Visa Indonesian Tourism Spend Report revealed:

• Total spending by Visa Card holders increased 20% in 2005 as compared to 2004, totaling Rp. 5.6 trillion (approximately US$608.7 million). This spending increase is all the more significant given that total foreign to Indonesia for the same periods decreased by 6% in the aftermath of the "Boxing Day" tsunami, another Bali terrorist attack and fears over bird flu.

• In 2005, a total of Rp. 138 billion (approximately US$ 15 million) was spent on women's clothing and Rp. 132 million (approximately US 14.3 million) on men's clothing by foreign visitors using a Visa Card.

• Substantial growth in spending was seen in the purchases of women's accessories and jewelry which increased 160%, while the sale of leather products and luggage increased 102%.

• 852,000 Visa Card transactions were recorded at Indonesian hotels with a value of US$198 million.

• 433,000 Visa Card transactions were made at Indonesian restaurants incurring charges of US$36 million.

• The biggest spenders using Visa Cards came from Australia (US$98.9 million), the U.S. (US$89.1 million) and Japan (US$77.7 million).

Visa Card purchases by foreign visitors were highest in Bali (US$261 million), followed by Jakarta (US$186 million) and Batam (US$12 million).

Visa's tracking of "big spenders" showed that visitors who used their cards for the highest level of purchasing hailed from Hong Kong, followed by Russia and the U.K..

• The value of an average transaction increased from Rp. 1.2 million in 2004 to Rp. 1.3 million (US$141) in 2005.

Visa maintains careful records reflecting the spending habits of its customers, breaking purchases down into 272 separate categories cross indexed by the nationality of the card holder.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Letting Off Some Steam
Latest Update: Mount Agung Eruption, Tuesday, November 21, 2017
(11/21/2017)
More Coin for Three Fountains
Badung Regency Installing Dancing Fountains at Three Major Public Monuments
(11/19/2017)
For Sale: 350 Bali Houses at Rp. 3 Billion Each
350-Unit Elite Housing Complex to be built in Tohpati, North Sanur, Bali by Waskita Karya Realty
(11/19/2017)
Indonesian Tourism – One Complex at a Time
Bali’s ITDC Celebrates 44 Years of Developing Indonesian Tourism
(11/18/2017)
Time to Tango?
Solo Tango Orquesta to Appear at Padma Resort Legian, Bali on November 30, 2017
(11/19/2017)
Party on the Beach in Sanur
ARTOTEL to Open a Sanur Beach Club, Bali in December
(11/19/2017)
Bumble in Jungle
Four Villagers in Karangasem, Bali Suffer Attack by Jungle Bees
(11/19/2017)
What’s the Buzz
Provincial Health Officials Warns Public to be on Guard Against Mosquito Bites that Cause Dengue Fever
(11/18/2017)
Counter Moves at Bali Airport
Bali Airport Adding 40 New Check-in Counters for IMF-World Bank Conference in 2018
(11/19/2017)
Major MICE Show Coming to Indonesia
DestinASEAN Meeting, Incentive, Convention and Exhibition Show in Tangerang, Indonesia April 9-10, 2018
(11/18/2017)
OTAs Asked to Pay their Fair Share in Taxes
Indonesian Hoteliers Want to Pressure International Online Travel Agents to Pay Sales Taxes.
(11/18/2017)
One Less Corrupt Official in Bali’s North
Karangasem Official Collecting Illegal Levies from Tulamben Dive Operators Sent to Prison for One Year
(11/18/2017)
All [News]!