Internet and Prospects of Non-Sharia Hotels in Indonesia

English

Abstract

This journal aims to determine the business prospects for the Non Sharia hotel industry in Indonesia. We carry out simulations based on estimates of internet user growth, tourism arrival and hotel performance using data from the annual report of all hotels listed on the stock exchanges both in Indonesia every year from 2000 to 2019. In making hotel performance forecasting, this study uses a model Autoregressive moving average (ARMA). The estimation results are used to compare the performance of the hospitality industry in Indonesia from 2000 to 2019. We find that massive internet inclusion makes it easier for consumers to make decisions in choosing accommodation.