A PLS-SEM Structural Equation Model Analysis of Causes and Effects for Formula E Car Racing in Jakarta Tourism Destinations

Abstract

Tour Formula E electric car racing in Jakarta, Indonesia has contributed to the growth of the sports and tourist industries in Indonesia, particularly in Jakarta's Special Capital Region. As the host city, Jakarta attracts a large number of awe-inspiring travelers. This study aims to examine the causes and outcomes of tourist destinations in Jakarta, Indonesia, as a tourist destination for Formula E electric car racing among tourists. An online questionnaire was utilized to collect data from 382 respondents in order to evaluate the relationship hypothesis. Using PLS SEM software based on SMART PLS Version 3.3.2, the data were analyzed using a structural equation modeling technique. The results indicate that state knowledge, safety and security, accessibility, price reasonableness, word-of-mouth, and social media are significant predictors of Jakarta, Indonesia's image as a tourist destination for Formula E electric car racing, which in turn influences perceived value and intention to return. We have examined the theoretical and managerial consequences of research. A lucrative market that contributes significantly to the tourism industry.

Assessing community spirit: The psychosocial impact of major sporting events - A case study of the Jakarta e-Prix

“…Despite mixed public reaction, the Formula E event in Indonesia garnered public support, as evidenced by sentiment analysis of social media posts indicating a positive inclination towards its implementation [14]. Setiawan et al [23] conducted a study on the factors and consequences of Formula E car racing in Jakarta as a tourist attraction, emphasising the importance of the event for the tourism sector in Jakarta. When a specific city or country collaborates with worldwide sports governing bodies to plan a significant sporting event, these bodies might be considered as "footloose industries" or autonomous industries, as their focus is solely on the event and their genuine concern for sustainability is limited [24].…”