Bali Gains from the G20 Summit

Bali Property Market Trends November 22, 2022

G20 brought benefits to Bali's infrastructure and more

The G20 Summit 2022 brought Bali some direct and indirect benefits. As stated by Bali’s Governor, I Wayan Koster, one of the immediate effects of said benefits is the 800 billion IDR (around 50 million USD) budget from the central government that was utilized for infrastructure and facilities development in Bali.

Bali received such considerable sums of funding because it was selected to host the Summit of G20 2022. The infrastructure improvements from the funding are expected to further assist Bali to aid the G20 Summit and cement itself as a worldwide tourism destination.

Some of those infrastructure improvements include the VVIP Terminal in the I Gusti Ngurah Rai International airport and a mangrove nursery at the Ngurah Rai Forest Park. The president of Indonesia, Joko Widodo, even praise the built terminal as “Stunning”, and Bali’s Governor believes that this terminal is the best in Indonesia. After its completion, Bali’s authority will manage the terminal’s operation as granted by the central government.

Other Bali infrastructures like the Garuda Wisnu Kencana Cultural Park in Uluwatu, I Gusti Ngurah Rai Statue in Tuban, and the Bali Mandala Road, as well as road extension and pedestrian lane construction in numerous locations, are also going through the series of enhancement.

Koster stated that, while the renovations were planned for the G20 Summit, they will assist Bali's tourism environment long beyond the event and give long-term advantages.

The G20 Summit also provides an opportunity for Indonesia's micro, small, and medium enterprises (MSME) goods to gain global exposure and reap significant advantages. The traditional Indonesian attire worn by numerous notable foreign delegations such as England Prime Minister Rishi Sunak and Tesla CEO Elon Musk was one of such goods.

With the completion of the G20 Summit on 16 November 2022, it is expected for Indonesia especially Bali to welcome more influx of international visitors to this Island of the Gods.

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Bali Prepares for the World Beach Games 2023

Bali Tourism April 14, 2023

The second edition of the ANOC World Beach Games will take place in Bali, Indonesia on 5-12 August 2023. It is set to showcase some of the world's best athletes competing in 14 different disciplines. These sports events include Aquathlon, Beach Handball, Beach Soccer, Beach Tennis, Beach Volleyball 4×4, Beach Waterpolo, Beach Wrestling, Individual Kata, Open Water Swimming 5km, 3x3 Basketball, AirBadminton, Surfing, Beach Sprint Rowing, and WingFoil Racing. The games will comprise 45 sports events and 128 medals up for grabs.

Karate Kata participant in the 1st World Beach Games Qatar 2019

Photo by ANOC

The biannual event is expected to attract more than 1,500 athletes from over 100 countries and 205 National Olympic Committees (NOC), as well as various sports organization stakeholders. These include the President of ANOC Robin Mitchel, WADA World Anti-Doping Agency President Witold Banka, and International Olympic Committee (IOC) President Thomas Bach.

Compared to its predecessor, the Qatar World Beach Games, which had 1,200 athletes from 97 NOCs, 13 disciplines, and 110 medals, the Bali World Beach Games is seeing significant growth in several aspects.

Photo by ANOC

The event will be held across four clusters, namely Nusa Dua, Jimbaran, Kuta, and Canggu, with the opening venue yet to be confirmed. However, most events will be held in Nusa Dua and Jimbaran.

The Indonesian NOC chief hopes that locals from Bali will also participate and help make the event a success. Still recovering from the recent pandemic, the World Beach Games Bali 2023 is expected to boost tourism in the region, marking a much-needed revival of the industry.

How World Beach Games Bali 2023 Will Impact Bali

Bali has been a popular location for various global events such as concerts, art exhibits, conferences, and sports events. Recently, the G20 presidency in 2022 was a significant event that had a profound impact on Bali's economy. The G20 Summit was responsible for a considerable economic boost in Bali in the third quarter of 2022, and it had a ripple effect on the tourism industry at all levels.

During a media briefing, Sandiaga Uno, the Minister of the Ministry of Tourism and Creative Economy, announced that Bali's economy had seen substantial growth of up to eight percent YoY during the third quarter of 2022 compared to the previous quarter's three percent. He also stated that the G20 Summit in Bali was a strong driver for the recovery of Indonesia's tourism sector. The number of domestic and international travelers that attended the summit reached 20,559 people, and Bali's daily arrivals now average 24,009.

Bali attracts more international arrivals as more events are also held in Bali.

Photo by yanalya on Freepik

The Indonesian Hotel and Restaurant Association (IHRA) reported that last year's occupancy rate was only around 20 percent, but it has since surged to almost 70 percent. Additionally, 80 percent of the staff shortage caused by the pandemic layoffs has been resolved.

Nyoman Shuida, an expert staff member for the Utilization of Maritime Resources at the Coordinating Ministry for Human Development and Culture, commented that the G20 Summit had a maximum and direct impact on society. It increased foreign tourists from 1.8 million to 3.6 million and generated 600,000 to 700,700 new jobs, mainly in the culinary, fashion, and craft sectors.

Rental businesses should prepare for the influx of international arrivals.

Photo by Bali Home Immo

As the World Beach Games Bali 2023 approaches, it is anticipated that a new wave of international visitors will return, providing a significant boost to Bali's economy, including the rental business. This is particularly crucial for the four cluster areas where the event will take place, namely Nusa Dua, Jimbaran, Kuta, and Canggu.

Bali Takes the Lead as Top Destination for Indian Travellers

Bali Property Market Trends February 22, 2023

According to the Luxury Escapes 2023 Survey

A recent survey conducted by Luxury Escapes in January 2023 shows that Bali has surpassed Maldives as the most popular destination for travellers from the Indian region. Luxury Escapes is a renowned provider of luxury travel experiences, catering to the most discerning travellers seeking unforgettable and unique experiences in luxurious destinations around the world.

The survey, which gathered responses from over 1,400 Luxury Escapes members, indicates that Indian travellers are increasingly interested in hassle-free, all-inclusive packages that offer personalized services, intimate settings, and authentic experiences. Additionally, 46% of respondents preferred small boutique resorts, indicating a preference for exclusivity and luxury.

Travellers start to shift their preferences to luxury and personalised service during their trips.

Photo from Unsplash

As the world begins to recover from the pandemic, travellers are showing a growing interest in luxury travel. A survey conducted in November 2022 by Luxury Escapes of over 4,000 Australian travellers revealed that room upgrades, bucket list experiences, fine dining, and spa treatments are high on the list for those seeking indulgence while on holiday in 2023.

Luxury Escapes CEO and co-founder Adam Schwab stated, "For the overwhelming majority of Australians, travel is top of the spend list in 2023." This sentiment is echoed by travellers worldwide, with many eager to prioritize luxury and exclusivity in their travel plans and create unforgettable experiences.

The increasing preference for luxury travel presents an opportunity for Bali's tourism industry. Bali, which previously held fourth place in 2022, has now climbed up to the second spot and is recognized as the second most popular destination in the world according to Trip Advisor. Therefore, Bali should capitalize on this trend by offering specialized services that cater to tourists' luxury preferences.

Villa owners in Bali should accommodate the growing trends toward luxury travel.

Photo from Bali Home Immo

Overall, the survey indicates Bali’s popularity is still rising in 2023. The preference for all-inclusive packages, personalized service, and small boutique resorts further highlights the growing interest in exclusivity and luxury travel. This means an opportunity for rental accommodation owners in Bali to provide a more personalised service experience for their customers and adapt to market changes.

If you are interested in buying a luxurious villa in Bali for either personal stay or investment purposes, we offer an extensive catalogue of more than 7,000 listings on our website to fulfil your requirements. Our website showcases a wide range of options that cater to your preferences and needs. To find out more about our listings and receive professional guidance, book a consultation with our team of local experts today.

Sport activities bali

Bali Attractions August 22, 2020

Yoga

Bali is the preferred destination for people who practice yoga. It seems to be the perfect place to practice this activity. First because of the spirituality which emerges from this island with the Hinduism religion and also because of the beautiful background offered by this place. The sense of true inner peace found in Bali comes from the daily rituals and humble devotion of its people. Local people practice “Bhakti”, unconditional gratitude for life that permanently live in the heart of people. If you come to Bali to try the Zen attitude you won’t have any difficulties finding a good yoga studio in Bali. The most popular yoga center is in Ubud: The Yoga Barn, where you can enjoy the view of rice fields and mountains. There is plenty of other Yoga studio in the South-West, like Canggu, Seminyak or Uluwatu.

Hiking

There is a lot of possibilities concerning hiking in Bali, a lot of agencies offer different tours in different places on the island. The most famous is the one which leads to Mount Batur and Mount Agung. You can also join a hiking tour in the National Park of Barat, on the West of the island. But there are other options for the nature lovers, for example, the treks that you can join around Mayong, Sidemen, and Munduk. And of course the climb to the volcanoes of Java.

Quad

An original way to discover the island and its landscapes. In family or with your friends, you can do a ride across the island where you can admire landscapes such as rice fields, passing by the jungle with its dense vegetation and discover the different traditional places. All of that with strong sensation. You will find some companies which offer this kind of activity, with different tours depending on your expectations. It is a fun way to discover Bali!

There is a lot of activities to enjoy your vacations in Bali, with you family or on your own. Of course, the islands offers a lot of possibilities to get some sensations while discovering the sightseeings. Bali combines the pleasures of everyone, from watersport (surf, diving, kitesurf…) to hiking, biking, treetop adventure and so on…

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