Large-Scale Events Successfully Boost Car Rental Growth

Large-Scale Events Successfully Boost Car Rental Growth

In 2018, Indonesia was trusted to hold several large-scale international events. Those events are 2018 Asian Games in Jakarta-Palembang, IMF-World Bank 2018 Ann

In 2018, Indonesia was trusted to hold several large-scale international events. Those events are 2018 Asian Games in Jakarta-Palembang, IMF-World Bank 2018 Annual Meetings in Bali, and 2018 Asian Para Games 2018 in Jakarta.Held from August 18 – September 12, 2018 Asian Games 2018 received warm welcome from Indonesian people. They were very enthusiastic to witness the event. Tickets for various sports contested at the sporting event were sold out. Various souvenirs were also sold out. During the event, Senayan area was always packed with people.Holding competitions for 40 sports, 2018 Asian Games saw participation from 45 countries with athletes numbering 11,478 in total. On weekends, the number of visitors to GBK during the event reached 180,000.INASGOC Media dan Public Relation Director Danny Buldansyah confirmed that the figure was an accumulation of the number of visitors who entered using festival tickets and the number of match spectators."From Saturday to Sunday, there were 180,000 people; 100,000 were visitors and 80,000 were spectators," Danny told Kompas.com, Monday (August 27).Large-scale events such as Asian Games had brought blessings to various business lines in Indonesia. According to Bappenas data, Asian Games contributed Rp45 trillion to Indonesia's economic growth.One of the business lines that benefited from 2018 Asian Games was car rental business. Bisnis.com on Monday (July 23) recorded that transportation cost was the second largest expense during Asian Games with a total of Rp640 billion. The total expenses were calculated from the expenses of spectators, tourists, athletes, journalists, officials, and volunteers. For car rental, Antaranews.com on Thursday (July 12) recorded that this sector was predicted to enjoy significant growth by 200%.Aside from 2018 Asian Games, another international event, IMF-World Bank Annual Meetings, was also held this year.Held in Bali, the number of participants of the event reached 34,000, much higher than the government's initial prediction of 19,000 participants. "Now, the number of participants has reached more than 34,000. We initially predicted only 19,000," Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan said, as cited from Sindonews.com, Friday (September 7).National Development Planning Agency (Bapennas) projected that the direct impact of the IMF-World Bank Annual Meetings held in October 2018 in Bali reached Rp6.9 trillion.With a quite large circulation of money, the IMF-World Bank Annual Meetings automatically had good impact on various business sectors, including car rental service. Due to the large number of participants, the demand for car rental even had to be fulfilled by companies outside Bali.Indonesian Vehicle Rental Companies Association (Asperkindo) Bali Chapter Chair Nyoman Seniweca revealed that vehicle rental businesses in Bali profited from the IMF-WB event, because the vehicles, especially luxury cars, had all been rented by the delegates."For example, there is a limited number of the newest Mercedes-Benz and Alphard, while the demands are high," Nyoman told Detik.com, Friday (October 19).Car rental business owners in Bali said that they had prepared 1,100 cars for rent for the committee of the annual meetings. Meanwhile, Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan said that the demand was for 4,000 cars."The demand for vehicles has reached more than 4,000 cars. We now have headaches. If we fulfill the demands, the roads will be crowded, and other people cannot use the roads," Luhut said, Tempo.co, Saturday (September 22).Large-scale events like Asian Games and IMF-World Bank Annual Meetings are proven to contribute positively to Indonesia's economy, especially to boost the development of car rental businesses, including TRAC.The subsidiary of PT Serasi Autoraya (SERA) fulfilled the need for trusted vehicle rental during the international events, such as 2018 Asian Games and IMF-World Bank Annual Meetings. TRAC offers professional transportation services and is capable of meeting the service standards for international events.It was hoped that the events ran successfully so that Indonesia can be trusted to become the host of other international events. Thus, the wheels of national economy can turn faster, including for trusted vehicle rental businesses such as TRAC.Please click this page for further information about TRAC's services.

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