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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE INDONESIA EDITION 2026

Indonesia’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in Indonesia. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of Indonesia
ID
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
Companies tracked 631Travel and Hospitality ecosystem in Indonesia Disclosed funding $1.27B11 companies · all recorded rounds Companies hiring 18With open roles at the snapshot Tracked open roles 282 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Indonesia’s travel and hospitality leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Explore the full landscape
Travel and Hospitality company highlights in Indonesia, snapshot 1 September 2026
Company
Keretakai.id$1.02B———
PT Jasamarga Pandaan Malangptjpm.com$128.13M———
MPM Rentmpm-rent.com$53.8M———
ASSA Rentassarent.co.id$34.05M—1,642—
MNC Tourism Indonesiamnctourismindonesia.com$19.54M———
Ismayaismaya.com$18.1M—1,959—
Damaithedamai.com$648.32K———
Istaista.co.id$249.56K———
Ikairos Air Servicesikairosair.com—3 roles——
artotel groupartotelgroup.com—3 roles388—
Baskbaskgilimeno.com—2 roles16—
Bayu Buana Travelbayubuanatravel.com—2 roles——
Eastparc Hoteleastparchotel.com—2 roles207—
MG Holidaymgholiday.com—2 roles——
Pelita Air Servicepelita-air.com—2 roles1Financial figure available in RadarView in Radar
Taman Safaritamansafari.com—2 roles300—
Airnavindonesiaairnavindonesia.co.id————
Alilaalilahotels.com——1—
Garuda Indonesiagaruda-indonesia.com——11,253—
Injourneyinjourney.id————
Karma Groupkarmagroup.com————
Transjakartatransjakarta.co.id————
Travira Airtravira-air.com——374—
ancol taman impianancol.com——668—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in Indonesia

A few useful ratios bring the size of this ecosystem into perspective.

1 September 2026
Hiring participation2.9%

18 of 631 tracked companies have open roles.

Funding participation2.1%

13 of 631 tracked companies have a recorded round.

Top 3 funding share94.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$18.1M

Midpoint of 16 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 94.3% of disclosed capital, while 97.9% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Indonesia travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Indonesia travel and hospitality
$0$139.1M$278.2M$417.3M$556.4M2016: $020162017: $020172018: $34.12M20182019: $284.52M20192020: $247.3M20202021: $020212022: $200.03M20222023: $020232024: $488.07M20242025: $14.9M2025
View the numbers
Annual travel and hospitality funding and company formation in Indonesia
YearFunding (USD)FoundedRaising
2016$0230
2017$0160
2018$34.12M292
2019$284.52M434
2020$247.3M311
2021$0230
2022$200.03M333
2023$0270
2024$488.07M131
2025$14.9M41
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Kereta80.0%
  • PT Jasamarga Pandaan Malang10.1%
  • MPM Rent4.2%
  • Other companies5.7%

Funding by stage

18 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel3 16.7%
Series A–B0 0.0%
Series C+ / PE4 22.2%
Grants, debt & other11 61.1%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
5 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Indonesia; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Indonesia; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Indonesia companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

8 of the 631 companies on this page carry a measured traffic record (1.3%); these are the largest of those, by monthly visits. The median among them is 172,323 visits.

CompanyMonthly visitsAuthorityMobile
Garuda Indonesiagaruda-indonesia.com682,5556052.6%
Resorts World Gentingrwgenting.com575,1365079.9%
transnusatransnusa.co.id374,9714556.3%
Ismayaismaya.com199,7153991.5%
Kcickcic.co.id144,9324962.7%
Jakartamrtjakartamrt.co.id120,1755275.9%
Kaiwisatakaiwisata.id74,7104978.2%
ASSAassa.id20,2073054.7%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

43 of these companies (6.8%) publish at least one Android app — 83 apps in all, carrying 41.7M installs between them.

AppInstallsRatingStore category
Access by KAIKereta30M4.7Travel & Local
FlyGarudaGaruda Indonesia2.9M3.4Maps & Navigation
TJ:TransjakartaTransjakarta1.5M4.4Travel & Local
Resorts World GentingResorts World Genting1.2M3.8Travel & Local
MyMRTJJakartamrt1.1M—Travel & Local
Jak Lingko AppJaklingkoindonesia1.1M3.5Travel & Local
Whoosh - Kereta CepatKcic1M—Tools
Genting SkyworldsResorts World Genting836.1K3.2Travel & Local
Sriwijaya Air MobileSriwijaya Air544.7K1.8Travel & Local
ISMAYA+Ismaya472.4K4Food & Drink

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q2–2026Q1).

SegmentAppsInstallsLeading appRelease trend
Passenger Rail Operators731.2MAccess by KAI 30M
Passenger Airlines73.5MFlyGaruda 2.9M
Hotels102.2MResorts World Genting 1.2M
Travel Agencies51.1MMyMRTJ 1.1M
Car Rentals19111.5KUnicorn Indorent 76.4K
Tour Operators938.3KEporter 22.5K
Airport Operators927.5KJoumpa for Customer 14.9K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 12022Q4: 12022Q42023Q1: 12023Q1: 02023Q12023Q2: 22023Q2: 12023Q22023Q3: 12023Q3: 02023Q32023Q4: 12023Q4: 12023Q42024Q2: 22024Q2: 52024Q22024Q3: 22024Q3: 02024Q32025Q1: 32025Q1: 32025Q12025Q2: 22025Q2: 42025Q22025Q3: 12025Q3: 132025Q32025Q4: 12025Q4: 112025Q42026Q1: 32026Q1: 142026Q1

Darker bars are new releases, lighter bars apps updated. 36 of 83 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Indonesia travel and hospitality market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 3 dated reports
Mergers & acquisitionspelita-air.com ↗

The plan to merge national flag carrier PT Garuda Indonesia with PT Pelita Air Service, a subsidiary of energy holding state-owned enterprise (SOE) PT Pertamina, has reached a new stage.

Funding roundsgaruda-indonesia.com ↗

Indonesia state-owned investment firm Danantara Investment Authority (BPI Danantara) with $900 billion assets is investing $1.85 billion in Indonesia main airline Garuda Indonesia ($633 million market value) via $1.44 billion in private placement & $405 million in convertible loans.

Company announcementstransnusa.co.id ↗

In addition, TransNusa the first Indonesian airline to operate regular scheduled international flights into Guanzhou from three destinations in Indonesia.

Full recorded event mix

Top 8 categories among 53 recorded events in the 24-month window.

Company announcements
29
Contracts
6
Funding rounds
4
Earnings
4
Leadership moves
3
Mergers & acquisitions
3
Capital infusions
2
Asset acquisitions
2

Leadership moves

1 tracked people moves

Glenny Kairupan

Appointment Chief Executive Officer

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
PT Garuda Indonesia→Pelita Air Service ↗Announced2025-12-02Not stated in snapshot
Pelita Air→Garuda Indonesia ↗Rumored2025-09-12Not stated in snapshot
pertamina→Garuda Indonesia ↗Announced2025-09-12Not stated in snapshot
carro→MPM Rent ↗Announced2024-06-06$54.0M
Citilink→Pelita AirAnnounced2024-04-17Not stated in snapshot
Garuda Indonesia Airlines→Injourney ↗Announced2024-04-17Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

2 postings in the preceding 12 months. The full 2-posting snapshot covers 2 employers.

Expand panel +

Most advertised job titles

Head Of Digital Product & Platform1
Sustainability Experience Intern1
0 internship postings

0 tracked postings mention remote work.

The seniority mix

2 postings specify a level.

lead
1
intern
1

Skills employers mention

Top skills across 2 tracked postings in the available jobs snapshot.

Hospitality
2
E Commerce
1
Digital Products
1
Sustainability Operations
1
Mobile Applications
1
Ai Enabled Solutions
1
Consumer Services
1
Digital Ticketing
1
Agile Product Delivery
1
Circular Waste Management
1
THE PEOPLE BUILDING THE FIELD

Founders and leaders

48 founders and chief executives across 43 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

3 profiles with education records.

Bandung Institute of Technology (ITB)
1
Singapore Management University (SMU)
1
Harvard Business School
1

Prior employers

0 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

155,442 articles in the measured 12-month window.

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155,442articles in the measured year
16,215articles in 2026Q1
15.5%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across Indonesia · articles per complete quarter

029,73159,46289,193118,9242021Q2: 15,5482021Q22021Q3: 16,2002021Q4: 16,5842022Q1: 17,3462022Q2: 17,9902022Q22022Q3: 19,4072022Q4: 25,5282023Q1: 26,5472023Q2: 24,6792023Q22023Q3: 26,5972023Q4: 25,2472024Q1: 29,2192024Q2: 35,7412024Q22024Q3: 34,9992024Q4: 37,3042025Q1: 47,3512025Q2: 29,5112025Q22025Q3: 103,4122025Q4: 13,4642026Q1: 16,2152026Q1
View quarterly article counts
QuarterArticles
2021Q215,548
2021Q316,200
2021Q416,584
2022Q117,346
2022Q217,990
2022Q319,407
2022Q425,528
2023Q126,547
2023Q224,679
2023Q326,597
2023Q425,247
2024Q129,219
2024Q235,741
2024Q334,999
2024Q437,304
2025Q147,351
2025Q229,511
2025Q3103,412
2025Q413,464
2026Q116,215

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
13,303 positive · 30,932 neutral · 7,647 negative
2022
20,523 positive · 47,438 neutral · 12,259 negative
2023
31,578 positive · 60,015 neutral · 11,409 negative
2024
30,191 positive · 94,428 neutral · 12,567 negative
2025
30,082 positive · 148,699 neutral · 14,895 negative

Leading coverage topics

Travel and Hospitality coverage across Indonesia · ranked by full-period article count.

International And Transnational Geographic Entities299,390 articles in the full recorded period
108,074 recent · 81,374 prior
Geopolitical Disputes And Contested Areas299,382 articles in the full recorded period
108,071 recent · 81,369 prior
Administrative And Political Subdivisions299,367 articles in the full recorded period
108,068 recent · 81,366 prior
International Political Relations3,597 articles in the full recorded period
978 recent · 549 prior
Trade Policies And Agreements2,383 articles in the full recorded period
1,051 recent · 585 prior
International Relations And Diplomacy2,380 articles in the full recorded period
545 recent · 419 prior
International Sports Competitions2,267 articles in the full recorded period
356 recent · 503 prior
New Product Launches And Innovations2,009 articles in the full recorded period
491 recent · 489 prior
Government International Agreements Coordination1,959 articles in the full recorded period
401 recent · 425 prior
Security And Defense Policies1,819 articles in the full recorded period
495 recent · 240 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across Indonesia

KeywordRecentPriorChange
countries4,1931,858126%
tariff negotiations67037479%
free trade deals420186126%
bilateral trade374155141%
trade dispute mechanisms341155120%
study overseas26289194%
semester abroad23982191%
overseas study22984173%
geopolitical alliances19812657%
tariff rate quota19512754%
pope187782-76%
stock performance123200-38%
beach resorts105158-34%
stock indices64148-57%
multilateral accords60147-59%

Event and signal lenses

Travel and Hospitality coverage across Indonesia

All complete annual cohorts shown
Rising

Regulatory Risk

464,225 classified articles

territories, disputed islands, countries

7.0% critical · 5.8% positive
Rising

Funding Momentum

9,394 classified articles

seismic damage evaluation, earthquake recovery, seismic hazard analysis

38.6% critical · 48.2% positive
Rising

Growth

24,363 classified articles

developing economies performance, gdp growth rate, economic growth statistics

33.9% critical · 50.2% positive

Travel and Hospitality coverage across Indonesia. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in Indonesia: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Indonesia in context

All landscapes ↗

Company ecosystem snapshot: 1 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon