Tourism industry shows a stronger contribution to Indonesia economic growth during 2016. These are triggered by the massive campaign of “Wonderful Indonesia” in some countries, the enactment of free visa for 169 countries, and broader connectivity to visit Indonesia from overseas that opened by several airlines. There were 12.023 foreign tourist visit Indonesia in 2016, rose 15,5% compare to 2015. The situation affected to the performance of PT Destinasi Tirta Nusantara Tbk (IDX: PDES) through trademark of Panorama Destination and Asia World Indonesia, which handling 150.000 incoming tourist in 2016 or increase by 30% compared to last year which was only account 115.000 tourist. This increase led to rising revenue amount to IDR 503 billion or rise to 50% compared to 2015 which only reach IDR 334 billion.
“As a market leader in Destination Management Company in Indonesia, we strive to capture opportunities to handle incoming tourist from overseas. Moreover, tremendous support from Government to tourism sector is a breath of fresh air to us, and we are very optimist that 2017 target can be achieved through hard work and ability to seek potential” – said Renato Domini, President Director and CEO, PT Destinasi Tirta Nusantara Tbk.
COMPANY PERFORMANCE 2016
Until end of fourth quarter (4Q2016), ‘Destinasi’ (IDX: PDES) as the Inbound business pillar of PT Panorama Sentrawisata (IDX: PANR), able to gain Net Profit with an increase of 181% or rise to IDR 25,6 billion. EBITDA reached IDR 85,13 billion, increase by 89,6% compared 2015.
The Company has succeed to implement business strategy by presenting chartered flight from Warsaw, Poland to Denpasar, Bali; opening China market; optimization of ICT as distribution channel; adding 300 tourist bus to serve foreign tourist in Indonesia.
The Company’s source market dominated by European countries, where most of them stay longer than other markets, this gives better revenue for Destinasi. Top Five source market for Destinasi are Netherland, France, Malaysia, India, and Poland. While Bali, Yogyakarta, Lombok, Toba Lake-North Sumatera, Sulawesi and Komodo Island-East Nusa Tenggara are still favorite destinations in 2016.
BUSINESS PROJECTION 2017
In line with government target to bring in 15 million foreign tourist, Destinasi has set revenue growth target 20% this year and handling 180.000 foreign tourist, with its main focus to open new market as well as selling new tourist destination across Indonesia.
In addition, due to foreign tourist characteristics especially those who come from Europe to Southeast Asia, they are categorized as the long-haul traveler that loved visiting several countries within one time trip, thus on third quarter 2017 (3Q2017), Destinasi is planning to open its first regional office in Thailand. Through this expansion, the company expects a cross-selling between Indonesia and Thailand, and escalate company’s competitiveness as Regional DMC (Destination Management Company).
About PT Destinasi Tirta Nusantara Tbk
Through Panorama Destination and Asia World Indonesia as the trademark, The Company is a leading Destination Management Company (Inbound Tours) in Indonesia, which has more than 40 years to handle inbound market from all over the world. Supported by more than 600 employees in 7 offices in Jakarta, Bali, Lombok, Medan, Yogyakarta, Labuan Bajo and Makassar, The Company has been served more than 2 million foreign tourists with a wide range of thematic product offerings, including beach holidays, cruise, culinary experiences, cycling, trekking, diving and snorkeling, exploration journeys, golf holiday, honeymoon and weddings, luxury travel, MICE, family holidays, wellness & spa packages to tailor-made itinerary.
Our services focus on several famous destination in Indonesia, such as Jakarta, Medan, Samosir, Padang, Bukittinggi, Bandung, Yogyakarta, Solo, Semarang, Surabaya, Malang, Bali, Lombok, Gili, Pulau Komodo, Flores, Sumba, Pangkalan Bun, Tanjung Harapan, Pulo Cinta – Sulawesi, Tana Toraja, Ternate dan Raja Ampat. Supported by capable technology and infrastructure, now we have been serving tourists in the offline and online channels.
