Green School, Bali

Another increasingly important source of income for Bali is what is called "Congress Tourism" from the frequent international conferences held on the island. The number of these events increased after the terrorist bombings of 2002 and 2005, to resurrect Bali's damaged tourism industry as well as its tarnished image. One such event was the 2010 World Geothermal Congress.
The American government lifted its travel warnings in 2008. As of 2009 the Australian government still rates it a 4 danger level (the same as several countries in central Africa) on a scale of 5.
An offshoot of tourism is the growing real estate industry. Bali real estate has been rapidly developing in the main tourist areas of Kuta, Legian, Seminyak and Oberoi. Most recently, high-end 5 star projects are under development on the Bukit peninsula on the south side of the island. Million dollar villas are springing up along the cliff sides of south Bali, commanding panoramic ocean views. Foreign and domestic (many Jakarta individuals and companies are fairly active) investment into other areas of the island also continues to grow. Land prices, despite the worldwide economic crisis have remained stable.
In the last half of 2008, Indonesia's currency had dropped approximately 30% against the US dollar, providing many overseas visitors value for their currencies. Visitor arrivals for 2009 were forecast to drop 8% (which would be higher than 2007 levels), due to the worldwide economic crisis which has also affected the global tourist industry and not due to any travel warnings.