EXAMINING THE IMPACT OF FOREIGN TOURIST ARRIVALS AND HOTEL OCCUPANCY ON BALI PROVINCE'S REGIONAL REVENUE
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Description
Bali Province is internationally renowned in Indonesia. Its most attractive characteristic is its tourist attractions, which are highly sought after by foreign tourists. Tourists are typically consumerist and require goods and services directly during their visit. The large number of tourists makes the tourism sector valuable for increasing regional revenue. As a regional source of income, the tourism sector is strongly influenced by the number of tourist visitsThe growth of a region’s tourism industry is largely determined by the volume of tourist arrivals and the duration of their stay. This study aims to examine the impact of foreign tourist visits and hotel occupancy rates on Bali’s regional revenue. Using multiple linear regression and 15 years of time-series data from Bali Province, the analysis revealed that both foreign tourist arrivals and hotel occupancy rates exerted a positive, though statistically insignificant, influence on regional revenue. In partial terms, their effects were minimal. The findings suggest that Bali’s regional revenue is shaped not only by tourism but also by contributions from other economic sectors.
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ISRGJEBM4982025.pdf
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