A socio-economic impact study released by PwC Indonesia revealed that Traveloka is making significant social, environmental, and economic contributions to Indonesia, Malaysia, Singapore, Thailand and Vietnam.
While Traveloka’s primary economic contribution is within the tourism sector, its activities also extend to other sectors such as agriculture and energy, indicating a broader economic involvement.
The study highlights Traveloka’s role in stimulating an increase in Indonesia’s Gross Value Added across a four-year period, accounting for approximately US$10 billion between 2019 and 2022. Of this amount, the tourism sector accounted for more than US$4.5 billion, contributing 2.7 per cent to the sector’s GDP. This contribution played an important role in aiding the post-lockdown recovery of the travel and tourism sector in the region.
The study…