Determinant of the Number of Visits by Domestic and Foreign Tourists on Economic Growth in Indonesia

DOI

10.2991/978-94-6463-296-5_38How to use a DOI?

Keywords

Domestic Tourist; Foreign Tourist; Economic Growth

Abstract

Tourism emerges as a pivotal sector with the potential for rapid contributions to the economy, fostering the prospect of sustainable economic development. This study seeks to conduct an in-depth analysis of the impact of domestic tourist visits and foreign guests in both star and non-star hotels on Indonesia’s overall economic growth. To accomplish this, panel data from the Indonesia Statistics Center (BPS) spanning 2015 to 2019 across all 34 provinces is employed. The method used is random effects with multiple regression model, OLS analysis model. The results show that partially and together, there is a significant and positive effect of the number of visits by domestic tourists and the number of foreign guests staying in star hotels and non-starred hotels on the Indonesian economy. Economic Growth is affected by as much as 66.0byrom variable the number of visits by domestic tourists, the number of foreign guests staying at star hotels and non-starred hotels with the cateris paribus assumption. The variable with the most significant influence on the economy is the number of Indonesian tourists, followed by the number of foreign tourists staying in non-star hotels, and finally, foreign tourists visiting in-star hotels. So, the cooperation of the government, the private sector, stakeholders, and the community will be able to encourage improving marketing strategies for domestic and foreign tourists to increase economic growth.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Putri Ayu
AU  - Derizal
PY  - 2023
DA  - 2023/12/04
TI  - Determinant of the Number of Visits by Domestic and Foreign Tourists on Economic Growth in Indonesia
BT  - Proceedings of the 4th International Conference on Tourism, Gastronomy, and Tourist Destination (TGDIC 2023)
PB  - Atlantis Press
SP  - 276
EP  - 283
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-296-5_38
DO  - 10.2991/978-94-6463-296-5_38
ID  - Ayu2023
ER  -