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Signs of a Turnaround in Progress?

Bali by the Numbers: October Arrival Figure Demonstrate Strong Improvement in Foreign Arrivals.


(11/26/2006)

October 2006 foreign arrival totals for Bali hit 112,629, providing concrete evidence that Bali's tourism figures may be on the rebound.

Better Times Ahead?

Why the enthusiasm? Note the following when considering Bali's latest arrival figures:

∙ While month-on-month comparisons for October 2006 (112,629) versus October 2005 (81,109) show a +38.86 improvement in total arrival numbers, that development is hardly surprising given the exodus of visitors to Bali in October of 2005 following the second terrorist attack



Click to enlarge


∙ However, when seeking a more representative basis of comparison for October 2006's foreign arrivals, we should use the month of October 2004 when Bali's recovery was in full bloom following the October 2002 terrorist attack. That comparison (October 2006 versus October 2004), shows a gap in current arrivals of only -14.00%; a number suggesting a very substantial improvement in the arrivals gap which hovered in excess of -20.00% for the months of July-September 2006.

Bali's October Foreign Arrivals 2001 thru 2006



∙ That the shortfall of overall arrivals (corrected for the October 2005 exodus) suggest the gap is now on the order of -14% provides a basis for optimism that Bali may finally be turning the corner in its march towards recovery

∙ Also worthy of note, total foreign arrivals for the year 2006 January October passed the 1 million mark reaching 1,023,625 meaning Bali is well on the track to meeting or even exceeding balidiscovery.com's projected total foreign arrivals to Bali for 2006 of 1.18 million.

∙ When comparing October 2006 to October 2004 (as shown on the accompanying graphic on www.balidiscovery.com), it can be seen that Bali's major markets of Japan, Australia and Taiwan continue to lag, while improvements are being tracked from S. Korea, Europe and The Americas.




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


 
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