The Impact of COVID-19 on the Finances of the Tourism Industry in Indonesia
This study aims to look at the impact of COVID 19 on tourism-related sectors, including the air transportation sector, hospitality accommodation providers, and food and beverage providers, in this study the data obtained is sourced from interviews, journals, newspapers, and other information that supports the fulfillment of this paper. After analysis from various data sources where the tourism sector is very impacted by COVID-19, especially the number of tourists, so that the reduced needs of hotels and food providers, even impact the workforce in the field of tourism, which resulted in revenue, economy and finances fell completely, therefore the government provided stimulus in the form of, Fiscal Stimulus Policy and Policy of the Ministry of Tourism and Creative Economy.
 Baldwin, R., & Mauro, B. W. (2020, March 6). Economics in the Time of COVID-19. Available at: https://voxeu.org/content/economics-time-covid-19
 Dar, 2020. Cok Ace Welcomes the First 89 Wisdom at Ngurah Rai Airport. Nusa Bali, August 1st, p. 1.
 Ind, Nar, 2020. Handling Corona in Bali Best Se-Indonesia--Ang- ka Healing Tembu 84.41% Koster Ask The Public to Be More Disciplined. Nusa Bali, August 1st, p. 1.
 Fadilah, M, Rifki, Kuncoro, H. and Dianta, S. 2018. The Causal Relationship between Tourist Arrivals and Economic Growth: Evidence from Indonesia. Journal of Environmental Management and Tourism, 4(28): 721-732. DOI: https://doi.org/10.14505//jemt.v9.4(28).05.
 Fadilah, M., Rifki. 2020a. Indonesia Update: Impact of COVID-19 on Tourism Industry, How to Mitigate It? Vol. XV. Jakarta: The Indonesia Institute.
 Fadilah, M., Rifki. 2020b. Saving the Nation's Economy with Tourism Industry. Available at: https://theconversation.com/save-the-nation-economy-with-tourism-industry
 Fadilah, M., Rifki 2020c. Impact of Coronavirus on Indonesian Tourism and Its Mitigation. Available at: https://theconversation.com/infactcoronavirusinturismIndonesia-and-mitigation-131014
 Nugroho, R. 2014. Public Policy. Jakarta: PT Elex Media Komputindo
 Picard, M. 2006. Bali: Tourism Culture and Culture Tourism. South Jakarta: Gramedia Popular Literature (KPG).
 Pyndick, R. S. and Rubinfeld, D. L. 2018. Microeconomis: Ninth Edition. England: Pearson.
 Setkab. 2020. 3 Presidential Directive on Tourism Sector Mitigation Measures. Available at: https://setkab.go.id/3-arahan-presiden-soal-langkah-mitigasi-sektor-pariwisata/
 Setkab. 2020. The Government will Conduct Social Protection Programs for Tourism and Creative Economy Actors. https://setkab.go.id/governmentwilldo-program-protection-socialfortourism-and-economy-creative/
 Zui, Zae, Ask 2020. Bali Provincial Government Abai- target visit. Tribun Bali
 AHLA. 2020. COVID-19 Devasting Hotel Industry. USA: AHLA. Available at: https://www.ahla.com/sites/default/files/FACT%20SHEET_COVID19%20Impact%20on%20Hotel%20Industry_4.22.20_updated.pdf
 Bisnis.com. 2020. New Formula Avtur Airline Operating Costs Are Cut. Available at: https://ekonomi.bisnis.com/read/20190212/44/887889/formula
 Capa. 2020. COVID-19. By the end of May, most world airlines will be bankrupt. Available at: https://centreforaviation.com/analysis/reports/covid-19-by-the-end-of-may-most-world-airlines-will-be-bankrupt-517512
 Detik Finance. 2020. Corona Impact, Airlines Start to House Pilots to Flight Attendants. Available at: https://finance.detik.com/berita-ekonomi-bisnis/d-4957536/imbas-corona-airline-from-home-pilot-to-flightattendant
 Central Bureau of Statistics (BPS). 2020. Development of Tourism and National Transportation.Jakarta: BPS.
 Central Bureau of Statistics. 2017. The proportion of Tourism Contribution to GDP, 2015 – 2017. Available at: https://www.bps.go.id/dynamictable/2018/05/18/1329/proporsi-kontribusi-tourism-to-GDP-2015.html
 CNBC. 2020. Ministry of Transportation Prohibits Flying to and from China To Prevent Corona. Available at:: https://www.cnbcindonesia.com/news/20200206152425-8-135867/kemenhub-ban-fly-from-china-to-prevent-corona
 CNN Indonesia. 2020. RI Temporarily Suspends Visa-Free Policy for WN China. Available at: https://www.cnnindonesia.com/internasional/20200202162924-106-470925/ri-stoptemporaryvisa-free-policyfor-wn-china
 COVID-19 Dashboard. 2020. COVID-19 Dashboard by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University. USA: John Hopkins University.
 Data.com said. (2020). How Many Hotels Are Closed Due to Covid-19 in 5 Regions of Indonesia?. Available at: https://databoks.katadata.co.id/datapublish/2020/04/28/closehoteleffect-covid-19-di-5-territory
 DPJK Ministry of Finance. (2019). Summary of APBD2018. Jakarta: Ministry of Finance.
 IATA. (2020). Potential for revenue losses due to COVID-19 "crisis". Available at: https://airlines.iata.org/news/potential-for-revenue-losses-of-113bn-due-to-covid-19
 Katadata.com. 2020. COVID-19 Pandemic Hits The World Tourism Industry. Available at: https://databoks.katadata.co.id/datapublish/2020/03/23/pandemi-covid-19-infacttoindustrytourism-world
 Kompas.com. 2020. Impact of Corona Virus 1226 Hotel in Indonesia Closed. Available at: https://money.kompas.com/read/2020/04/07/120414826/dampak-virus-corona-1226-hotel-in-Indonesia-closed
 Kompas.com, 2020. "President Announces 2 Indonesians Positive corona, Available at: https://www.kompas.tv/article/69278/breaking-news-announce-2-WNI-positive-corona.
 Kompas.com. 2020. Inca: Airline Losses during Corona Reached 812 million U.S. dollars. Kompas.com, 2020. "President Announces 2 Indonesians Positive corona, Available at:: https://www.kompas.tv/article/69278/breaking-news-announce-2-WNI-positive-corona.
 LPEM UI. 2020. Trade and Industry March 2020. Jakarta: LPEM UI
 LPEM UI. 2020. "Briefing Note April 2020: Impact of COVID-19 Pandemic on Indonesian Tourism: Challenges, Outlook and Policy Response". Jakarta: LPEM UI. Available at: https://www.lpem.org/wp-content/uploads/2020/04/Briefing-Note-Impact-Pandemic-Covid-19on-Tourism-LPEM-UI-April-2020.pdf
 Ministry of Tourism. 2020. Development of Foreign Tourists Visiting Indonesia in 2020 vs. 2019. Jakarta: Ministry of Tourism.
 National Geographic. 2020. "How hard will the coronavirus hit the travel industry?" Available at: https://www.nationalgeographic.com/travel/2020/04/how-coronavirus-is- impacting-the-travel-industry/
 NB, 2020. "Governor of Bali Officially Opens the Entrance of Nusantara Tourists". Nusa Bali, August 1st, p. 1.
 PHRI and Horwath HTL. 2020. Survey of Hotel &Restaurant Market Sentiment in Indonesia on the Impact of the COVID-19 Outbreak. Jakarta: PHRI and Horwath HTL.
 Statista. 2020. Hotel and Hospitality Revenue Losses due to Coronavirus (COVID-19) Germany 2020. Available at: https://www.statista.com/statistics/1106399/coronavirus-covid-19-hotelhospitalityrevenuelosses-Germany
 The Jakarta Post. 2020. "37,000 SMEs hit by COVID-19 c risis as government prepares aid." Available at: https://www.thejakartapost.com/news/2020/04/16/37000-smes-hit-by-covid-19-crisis-as-government prepares-aid.html
 UNWTO. 2019. "UNWTO Tourism Highlits 2017 Edition". Madrid: UNWTO.
 UNWTO. 2020. 100% of Global Destinations Now Have COVID-19 Travel Restrictions, UNWTO Reports. Available at: https://www.unwto.org/news/covid-19-travel-restrictions on May 13, 2020\
 UNWTO. 2020. International Tourism 2020. Available at: https://www.unwto.org/international-tourism-and-covid-19
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.