Bali Banks on G-20’s Return as Island Seeks Covid-19 Recovery
- Indonesia expected to gain $472 million from hosting event
- Foreign tourist arrivals have risen but lagging behind peers
The summit will be held Nov. 15-16 at Nusa Dua.
Photographer: Putu Sayoga/BloombergThis article is for subscribers only.
Bali is returning to life: tourists are sipping cocktails poolside, local surfers are teaching visitors how to ride the waves and yoga aficionados are practicing their poses as the sun sets over the Indian Ocean.
Its economic recovery, however, is still slow and lagging behind peers from Thailand to the Caribbean. After cutting off international flights when Covid-19 hit, Indonesia only eliminated quarantine requirements for foreign visitors in March, bolstering Bali’s efforts to lure tourists who contribute more than 60% to the resort island’s economy.