Tourism going through a rough patch in Bali

Bali’s tourism market generates $4 billion annually. That’s a decent chunk of change a small part of that would make me a happy man. Right now though tourism is down 60% and some people are hurting.

Here’s an article from CNN.

I hear what they are saying and Bali has taken several slaps in the face in the last 3 years. Many of these things have been entirely out of our control, and some actually had no physical affect (SARS, tsunami, Asian bird flu). Consumer confidence takes time to grow. Expat confidence is soaring, people wouldn’t live here if they didn’t feel safe AND confident.

Bali’s tourist industry in moving to a higher bracket, with villas, upscale restaurants, spas and lounge bars galore. There’s cash sloshing around here, you just have to have the right mop.