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
Liberté, Égalité, Fraternité
Fête Nationale – Celebrating France’s National Day at The Trans Resort Bali on Friday, July 15, 2016
(6/26/2016)
Attempted Identity Theft
Two Bulgarian Tourists Arrested on Suspicion of ATM Crime in Bali
(6/26/2016)
Heart Attack Claims Man in Local Boat Race
Balinese Participants in a Bedugul Canoe Race Dies of Heart Attack.
(6/26/2016)
U-Haul Hull
Operators of Sunken KMP Rafelia II Given Deadline of September 4, 2016, to Remove Sunken Ferry Boat in Java-Bali Straits
(6/26/2016)
Connected in Kuta
Kuta, Bali Launches 115 Free Wireless WiFi Points
(6/26/2016)
A Kemenuh Conondrum
Kemenuh Butterfly Park in Gianyar, Bali: Illegally Constructed, Illegally Operated and Failing to Pay Taxes
(6/26/2016)
Short Take Off and Approach
Indonesian Transportation Minister Not in Favor of Reclaiming Land to Extend Length of Bali’s Airport
(6/26/2016)
Hot and Bothered in Bali
Bali Airport Installs Thermal Scanner to Detect International Passengers Infected by the Zika Virus
(6/26/2016)
Haunting Surfeit of Human Remains
Backlog of Unburied Corpses at Sanglah General Hospital Morgue Poses a Logistics and Spiritual Risk.
(6/26/2016)
General Hospital
Bali’s Main Hospital Explains its Color-Coded Response to Medical Emergencies
(6/26/2016)
Bastards & Baksheesh
Public Outcry as Official at Gilimanuk Border Checkpoint Caught on Film Taking a Bribe
(6/26/2016)
Illegal Parking
Outgoing Denpasar Prosecutor Names Head of Denpasar Parking Authority as Suspect in Rp. 15.5 billion Corruption Case
(6/26/2016)
All [News]!