FINANCING THE FUTURE OF INDONESIA’S TOURISM INDUSTRY: DEVELOPING A TOURISM INDUSTRY-FOCUSED CROWDFUNDING PLATFORM

• Main Author: Muhammad Arnaz, Dylan
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/68395
• Institution: Institut Teknologi Bandung

Indonesia’s tourism industry has potential in being one of the powerhouses of the tourism industry, though it still lags behind many other ASEAN countries which can be attributed to the lack of investments in the businesses in the industry. As a solution, the creation of a first of its kind tourism-focused crowdfunding platform needs to be employed in order to develop the industry. Thus, this research has the objective to establish the issues that are preventing tourism businesses from obtaining financing, identify the resources tourism businesses demand to obtain from their investors, and address the issues and demands found by giving recommendations as to what is needed to best develop the tourism businesses This research uses the multiple case study method from Indonesian publications to explore the phenomenon more extensively than before and give the research a view from a local perspective.