Indonesia: Food Service - Hotel Restaurant Institutional

The Indonesian hotel and restaurant industries grew 6.25 and 3.89 percent in 2015, respectively. Industry contacts attribute the increase to continued urbanization, tourism, and MICE (Meeting, Incentive, Conference, and Exhibitions) development. The Bank of Indonesia expects that economic growth will fall around 4.9 to 5.3 percent in 2016 and 5.2 to 5.6 percent in 2017.

Indonesia: Food Service - Hotel Restaurant Institutional