Good Response To The Revocation Of PPKM, Apindo Claims The Hotel Sector Will Recover

JAKARTA - The Indonesian Employers' Association (Apindo) has responded well to the revocation of the policy for the Implementation of Community Activity Restrictions (PPKM) which was announced by President Joko Widodo some time ago.

Apindo claims that economic growth in Indonesia will improve in line with the revocation of the policy.

"(The revocation of the PPKM policy) will greatly accelerate the recovery (of the economy)," said Apindo Chairman Hariyadi Sukamdani to reporters, in Jakarta, Tuesday, January 3.

Regarding the revocation of the PPKM policy, Hariyadi also said that later the hotel sector would experience recovery.

"It's possible to be like that (recover), to see the market again. If the demand is normal, (the hotel sector) can recover, but usually the first quarter is a bit slow, because March is a fasting month, there is influence there," he explained.

According to Hariyadi, the hotel sector will also increase significantly against the country's economic growth, such as in 2019 or before the COVID-19 pandemic.

"Hopefully in the second semester there will be the same conditions as in 2019 and maybe it will be higher, depending on the transportation factor later," he said.

Even so, he predicts that Indonesia's economic growth will increase in the fourth quarter (IV).

"If the end of the fasting month, around the third quarter it will definitely feel because of Eid, right, April 22. Now, the first quarter of April will be low, the second quarter will be better, and in the third and fourth quarters it will only increase," he said.