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 · It Takes Confidence to Travel
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

It Takes Confidence to Travel

Global Economic Concerns May Impact Bali's Arrival Numbers.


Bali News:
Click Image to Enlarge

(1/12/2008)

A Nielsen survey conducted in the last quarter of 2007 polling 26,312 Internet users in 48 major markets in Europe, Asia Pacific, North America and the Middle East demonstrates growing concern over the future of the global economy; a result that may have a negative impact on the wanderlust of holidaymakers. Conducted twice every year, the Nielsen Consumer Survey gauges consumer confidence, spending habits, spending intentions and major concerns held by the world's consumers. The survey collections perceptions from the public on the job market, the status of personal finances and the readiness of consumers to part with disposable income.

The most recent Nielsen Survey reveals:

• Increasing fuel costs, escalating sub-prime credit crisis and a slowing of the U.S. economy have caused a "dip in confidence" in 28 of the 48 markets tracked by Nielsen.

• Most fearful of a declining global economy over the coming 12 months are respondents in Thailand, Taiwan and Italy. Over 50% of the respondents from all nations are jittery that recession will pave the way for rising unemployment and inflation.

• Chinese and Vietnamese respondents were, however, more "bullish" believing there would be no recession in the next 12 months.

• Globally, the Consumer Confidence Index (CI) stands at 94, down form 97 measured in May 2007 and 99 recorded in the last quarter of 2006.

• Norway, India and Denmark ranked as the three most optimistic groups of consumers with CI scores of 135, 133 and 124, respectively.

• Also included among the ten "most confident" nations were India, Australia, Hong Kong, Vietnam, New Zealand and Singapore. This result suggests that inter-regional travel within Southeast Asia may be little affected by growing concerns for the global economy's health.

• The Chinese market is only moderately worried about recession with their CI dipping eight points to 98 in the most recent survey. Among the Chinese respondents, greatest concerns focus on inflation (67%), unemployment (52%) and declining property prices (27%).

• Three of Bali's leading sources of tourists – South Koreans, Taiwanese and Japanese were shown to be feeling more cautious when it comes to discretionary spending with 80% saying now is not the time to buy. This may have a fundamental effect on Bali's inbound travel from these markets.

The Nielsen Company

The Nielsen Company is a global information and media company working in marketing information (ACNielsen), media information (Nielsen Media Research), online intelligence (NetRatings and BuzzMetrics), mobile measurement, trade shows and business publications (Billboard, The Hollywood Reporter, Adweek).

48 Countries Surveyed

The 48 countries surveyed in the latest Consumer Confidence Report include: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Czechs Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Pakistan, Philippines, Poland, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UAE, United Kingdom, US and Vietnam.


© 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
Indonesian Made Grills Considered the World’s Best BBQ
American Expat Dennis Linkletter Runs Company Making What is widely Considered the World’s Best BBQ Grill and Smoker in Bali
(8/21/2017)
Films on the Beach at Nusa Dua
Saturday Night at the Movies on the Beach at Ayodya Resort Bali with ‘Rocky Horror Picture Show’ - August 26th and M*A*S*H - September 2, 2017
(8/20/2017)
One Dead when Bus Plunges into National Park
One Dies in Inter-Provincial Bus Accident Near Bali Port of Gilimanuk
(8/20/2017)
Hyping the News on Property
‘The Australian’ Writing on Booming Bali Real Estate Market Dangerously Misleads Foreigners Looking to Purchase Property in Bali
(8/20/2017)
On the Beach an Orchestra’s Playing
Padma Resort Ubud and Padma Resort Legian Present the Jakarta Concert Orchestra September 2nd and 3rd 2017
(8/20/2017)
Marching for Country, Island, and Community
Sanur Community Stage Independence Day Torch-lit Parade to Protest Benoa Bay Reclamation
(8/20/2017)
Seeking to be of Service to India
Bali Discovery Now Represented in the Indian Market by Eazee Connect Respz in Mumbai
(8/22/2017)
A Recipe for Brat-Worse
Prosecutors Seeking Sentence Review and Harsher Sentence for Son of Bali Legislator Convicted of Murder
(8/20/2017)
Eliminating Dirty Cops
Bali Chief of Police Urges Execution on Site of Policemen Found Involved in Narcotics Trade
(8/20/2017)
Oh, Yes, Calcutta
Bali to Calcutta Flights by AirAsia Confirmed to Start on October 1, 2017
(8/20/2017)
Register to Swim, Run, and Cycle in Bali
Herbalife Bali International Triathlon Returns to Bali October 15, 2017
(8/20/2017)
Sekali Merdeka! Tetap Merdeka!
Passengers at Bali’s Airport Included in Indonesian Independence Day Celebrations on August 17-18, 2017
(8/20/2017)
All [News]!